Economic Report - A Way for Some Wealthy Investors to Get US Visas

Listening and Doing Exercise:

Select Play button. Listen and fill in the blanks with suggest words

$500,000	Mr	Radomske	What	are	from	has	his	home	in
investor	invited	new	possibility	possible	property	ranch	the
they	to	years

do these four things have in common: a proposed wind farm the American state of Washington; a gold mine in Idaho; a casino in Las Vegas; and ski resort expansions in Vermont? They all investments for wealthy foreigners seeking green cards to live in United States. Under American law, foreigners can get such visas if invest at least $500,000 to create at least 10 jobs in country. Here is an example of the program works. A few ago Jordan Gagner and his wife needed to move from their in Canada to a drier climate, like Arizona. At first, the of getting a visa seemed unlikely. But then, he heard about immigrant investor visa. Jorndan Gagner and several other foreign investors offered dollars each to build an assisted living center in Bellingham, Washington. . Gagner was credited with creating many jobs during the recession, and whole family received green cards. Companies that bring together investors and borrowers are officially known as "EB-5 regional centers". The name comes the part of the immigration law that set up the immigrant visa. Some Americans have expressed concerns about the program. Landowner Harland first heard about it when a group of wealthy Koreans were to invest in a wind farm on land next to his . He fears a wind farm would reduce the value of his . Yet, even with the disputes over immigration, the foreign investor program a lot of support in Congress. There is also a move make the program permanent

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