This article was published by Forbes on March 28, 2017 and features commentary from Reaz Jafri.
With its years-long waiting list, possible minimum investment hike and an increasing number of fraud cases, the controversial EB-5 program is losing its appeal among Chinese investors.
Instead, wealthy Chinese looking for an extended stay in the U.S. are turning to visas, such as the L1, which allows companies to transfer key personnel or founders to manage the business for up to seven years.
Read the full article.