Immigration Newsletter

Wednesday, November 20, 2013

In Troubled Times How Vermont Got $600 Million From Foreign Investors | New Hampshire Public Radio

In Troubled Times How Vermont Got $600 Million From Foreign Investors | New Hampshire Public Radio
Starting around 2008, as the economy began struggling and banks got skittish about lending, foreign investors began sending hundreds of millions of dollars into Vermont.
They were attracted by a federal EB-5 visa program administered by the state of Vermont.
It allows foreigners willing to invest at least $500,000 to get green cards and live in the United States.
New Hampshire didn’t have anything like it, but the state is warming to the idea.
NHPR’s Chris Jensen reports.