Allowing Communists to buy citizenship is arguably a potential national security nightmare, but the media isn’t following up on it.
Every year, the United States gives out thousands of green cards to mostly wealthy, influential Chinese businessmen who are in some cases planning to build self-sufficient cities and no one sees it as a national security threat. If you are opposed, you are a nativist.
To become wealthy and powerful in China, you must be a member of the Communist party.
Asian immigrants have been outstanding contributors to U.S. society, however that doesn’t mean we want Chinese Communist millionaires buying their way into citizenship. Others say it’s merely sustainable Capitalism.
The 25-year old EB-5 visa program was established as a way to stimulate investment by foreigners. It’s also a way of buying citizenship.
On the plus side, it is a way to employ U.S. workers, stimulate the economy and create funding for American businesses. The State Department claims the program has generated $8.6 billion in investment and created more than 57,000 jobs since 1990.
EB-5 requires a $500,000 investment, perhaps far less, and the creation of 10 jobs, and perhaps not. Investors are given a fast track to a green card and citizenship. The investors are mostly doing it to get green cards.
Every year, 10,000 wealthy investors, mostly rich Chinese, are given green cards. Since any wealthy person in China must be a Communist party member, it means we are admitting Chinese Communists.
There have been scandals associated with the program – swindlers defrauding potential investors, and visas going to people with criminal histories, all beneath regulators’ noses. They can get the green cards without actually creating jobs and the program is in need of reform.
Congress allowed regional centers to count the number of indirect jobs their project might create, rather than just direct jobs. The investors could get away with projecting potential jobs and now 95% are given to investors in regional centers.
The government talks about revising this but new regional centers were improved as recently as September of this year.
The “Targeted Employment Area” section of the law requires some portion be assigned to help poor, undeveloped areas but it’s very loosely defined.
That brings us to China City of America which has been in the works for years and first came to the public’s attention in 2013. It is only one of many of these projects.
On 12/4/13, the New York Post published an article titled, Mysterious plans to build upstate NY ‘China City of America’, reporting that a wealthy Long Island businesswoman, Sherry Li, wanted to build a massive Chinese Disneyland in Sullivan, New York which would include a Chinese Disneyland and a Forbidden City. They further said it was a scheme to get visas for wealthy foreigners.
Analyst David North of the Center for Immigration Studies (CIS), who was quoted in the article, had dissected the proposal.
His report, China City: A perfect storm EB-5 proposal in upstate New York, stated that it had a “budget bordering on the bizarre,” a potential major ecological impact, the controversial record of local allies, and even a charge from “within the Chinese community”–actually Falun Gong–“that China City is a stalking horse for the Chinese communist government in Beijing.”
The response made in a press release accused North of slander and accused him of being anti-immigrant.
On September 8, 2014, The Commercial Observer published an investigative report, EB-5: Ambitious China City Project Sits in Limbo. It detailed a slowly dwindling project. The investors, the report said, put $65,000 into the project, not $500,000.
It concentrates on the now innocuously named, Thompson Learning Center, formerly known as China City. The Disneyland has been abandoned. The Disney component was what was supposed to bring in the business.
The project has posted laudatory press releases but nothing is happening, at least there is little evidence any progress has been made.
On January 24, 2015, the Times Herald-Record wrote My View: Thompson group’s credibility, plausibility must be questioned and revealed there was false advertising, manipulated employment statistics and more that are a matter of concern.
Originally, it was to become a 600-acre mini China in America which would include housing, a college with residences, and numerous stores and other structures.
Every province in China was to have an office in China City.
The project has been shaved down but every inch of what is now a 540-acre project will be built on.
About 20% of the funding comes from U.S. taxpayers.
With all the problems we now have with China, who are our enemies, do we really think having wealthy, influential members of the Communist party as U.S. citizens makes national security sense? Some might just want a better life but what if some are agents and infiltrators? We are inviting them in. Are we this desperate for investment? Why don’t we make it more attractive for U.S. investors to invest in the U.S.? Just a thought.