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Visas may be Runing Out for Chinese Soon

The US government program that offer green card in exchange for cash is attracting a lot of rich Chinese but now seems like the supply may not be enough for the overwhelming demand. In order to qualify for the green card program, foreigner will have to put in at least 500,000 USD and create 10 jobs to apply.

In 2004, the numbers of visas granted under this program were only 16 compare to 6,900 last year. And currently, there are waiting lists of 7,000 applications. For rich Chinese, these visas are an open door to opportunity especially when the cost of getting it is reasonable.