Chinese Investors Dealt Blow in Bid to Alleviate Visa Backlogs

December 7, 2018, 1:47 PM UTC

A group of Chinese immigrants faced a setback when a federal judge in Washington refused to buy their argument that their spouses and children shouldn’t be counted against the annual visa caps.

The lawsuit was intended to alleviate a backlog of Chinese immigrants awaiting green cards through the EB-5 immigrant investor program. The program provides green cards to foreign nationals who invest at least $500,000 in a commercial enterprise that creates at least 10 U.S. jobs.

The visas, capped at around 10,000 per year, became popular among Chinese immigrants in the last decade. As a result, they face an ever-increasing ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.