parsnipsumthing
Joined 11 years ago
Joined 11 years ago
It's also the same with "beauty". Even industries that hire primarily based on beauty (modeling, acting etc) have widely differing criteria based on their own niche in the marketplace. American models are quite different to British models, for e.g. The French magazines require a different look to, say, German magazines. Catalogue models vs editorial models. Throughout Europe, various markets require different heights, different looks and different personas. That doesn't even take into account racial differences across the world.
All this means in reality is that once you've come to the US and established the basis for another visa, your "intent" changes and you apply for an applicable immigration visa. People do every year with both the F-1 and the E-2 visa.
However, some people prefer to reside in the US long term with non immigration status. The E-2 allows people to emigrate to the US and remain there, indefinitely renewing their E-2 visa, whilst (i) protecting their future non-US tax status, and (2) entering and exiting the US for long periods of time (as long as the business is operating successfully). This contrasts with a green card, which (i) subjects green card holders to "citizen-like" tax obligations after a specified period of time and (ii) typically requires continuous residence in the US.
The continuous presence restriction would lift upon receipt of citizenship but not everyone wants (or is able) to hold dual citizenships.
An E-2 is just fine for many rich people.
The EB-5 is a huge site for immigration fraud and in many cases it functions as a green card-for-cash exchange. In fact, the poor foreign investors who didn't understand this are now suing state governments and associated companies because they received no returns from their investment.[1]
[1] http://www.forbes.com/sites/ellensheng/2016/08/01/foreign-in...
Google "EB-5 fraud" for many many more cases but note that, unlike in most immigration cases, the fraud here is being perpetrated against the visa applicants, not the immigration service. There is no suggestion that they do not have the capital or that they have not received a visa, just that there are no returns.
It's an attempt to soften the harsh consequences that often arise from these counterintuitive rules in a very technical legal space that is almost impossible to legislatively correct.
However, these visas require that people invest their own money. This visa is different because it allows investment with other people's money. It's a big change.
[1] https://www.uscis.gov/green-card/green-card-through-job/gree...
I think it weakens trust in institutions when they are all willing to stoop to the lowest common denominator.