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Monday, May 28, 2018

DHS to cancel Obama-era foreign investor immigration program

The Trump administration moved Friday to officially revoke an Obama-era program designed to entice foreign entrepreneurs to move to the U.S. to invest their cash in businesses here, saying the previous administration overstepped its powers.

The revocation, if it becomes final, would be yet another blow to President Obama’s attempts to rewrite the immigration system by executive fiat — a policy that also included the DACA deportation amnesty for illegal immigrant “Dreamers,” a broader prohibition on deportations of most illegal immigrants, and new programs to allow more people to enter legally.

The International Entrepreneur program fell into that latter category, with Mr. Obama intending it to be another way for foreign businessmen to skip the usual immigration process and gain a foothold in the U.S.

But Homeland Security now says it no longer believes the program is legal.

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3 comments:

Anonymous said...

The SOROS judges won't allow it.

Anonymous said...

This program was a way for foreigners to "invest" sums of money in America with a guarantee of US citizenship for the investors and immediate family.
Typical Clintonesque pay to play.

Anonymous said...

This program has allowed several Socialist, Anarchist and anti-American people into the US in which they support these Democrat beliefs and gain power. Soros is a good example. Then they will not ban them from the US, ban them from doing business in the US, allow them to move money out of the US to avoid paying their fair share in taxes and they will not confiscate all their US assets.