PPP STRATEGY FOR CHARTER SCHOOLS IS NOW INTERNATIONAL
ATTN: FOREIGN INVESTORS! U.S. PERMANENT RESIDENCY FOR SALE, $500,000
The EB-5 Immigrant Investor Program provides green cards to non-U.S. investors,
if they invest $1 million or $500,000 in targeted U.S. developments.
EB-5 visas, also, provide such investors and their family permanent
U.S. residency, whether they live in the U.S. or abroad.
Charter Schools and EB-5 Visas: On October 12, 2012 Reuters published Stephanie Simon’s article, “Charter School Financing Gets You a Green Card? The New U.S. Visa Rush,” that included the following:
“Wealthy individuals from as far away as China, Nigeria, Russia and Australia are spending tens of millions of dollars to build classrooms, libraries, basketball courts and science labs for American charter schools.” (Emphasis added)
On October 4th, eight days before that startling fact, MiamiTodayNews.com reported that Chinese investors had put $30 million in the state’s charter schools program and plan to invest another $90 million during the next year. The Chinese aquaculture farm, which will grow Pacific white shrimp and sea asparagus, is set for ground-breaking in Central Florida in January.
The Chinese are taking advantage of the federal EB-5 program, which encourages wealthy foreign investors to BUY U.S. visas for themselves and their families by investing as little as $500,000 in targeted, economically beneficial commercial real estate developments, which formerly funded luxury hotels, ski resorts, etc., but includes investing in charter schools, now.