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$100K might seem too little for people already in the US looking for a green card and it probably is. However, for people outside the US, it is still a signific
by sriram_sun 15y ago
$100K might seem too little for people already in the US looking for a green card and it probably is. However, for people outside the US, it is still a significant sum of money. If they are motivated enough to find it, they'll probably be working hard enough to pay it back (ie. don't worry about that person hogging welfare). What I like about this proposal is that it makes it possible for the "right kind of immigrant" to apply as opposed to the $1M that is the current threshold. If you've $1M to spare, the GC is just an expensive membership card to a club and will be treated as such. With no regard to being a citizen, the person will look at it as a pure business transaction. On the other hand, the person scraping together 100K is pretty much betting on their future and making this (the US) their home for multiple generations. These are the kind of immigrants that are desirable.