How Rich Chinese Use Visa Fixers to Move to the U.S | Hacker News Reader

How Rich Chinese Use Visa Fixers to Move to the U.S

bloomberg.com

19 pointsAntrikshy7 comments

Pretty sure EB-5 is available for residents of many countries, not just China. Its use is completely legal.

Also the US is hardly alone in handing out visas and residency to rich folks. Money is just another "desireable attribute" that countries look for in heir immigrants, on top of the more common traits like education, professional experience, etc.

Nothing sells copy like another fearful article about rich Chinese "taking over" the USA. Americans only have to blame themselves for this one (although I don't think it's such a big deal) because they are trying to profit through some loophole. Isn't that the American way?

This is a common story in many countries, a fear of the rich immigrants/expats "taking over" while simultaneously finding ways of profiting off of their money. I've seen similar situations in many Asian countries with much more overt racism. No reason to be hard on America here.

I've tried arguing that the rich Chinese people buying condos in Toronto and leaving them vacant isn't a problem in itself.

There are things we can do: increase property taxes and encourage new development. Canada is a huge country and anyone paying property taxes while not living there is clearly a net profit. I agree. I see tons of racist comments out of Canada as well singling out the Chinese.

"trying to profit through some loophole. Isn't that the American way?"

Your hatred of Americans and the American way sort of undermines the point you're presumably trying to make.

I guess the problem with rich chinese is that even tech people turn into a lower class when they compare. That and they buy every building they can contributing to the housing crisis.

tldr; You have money? Won't be burden on the welfare system? Will pay more in taxes than you receive? Your not welcome -- this article.

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