Immigration
Economic growth in the People's Republic of China has given mainland Chinese more opportunities to emigrate. A 2011 survey showed that 60% of Chinese millionaires plan to emigrate and 40 percent of Chinese millionaires selecting the United States as the top destination for immigration. mostly to the USA or Canada. The EB-5 Investment Visa allows many powerful Chinese to seek U.S. citizenship, and recent reports show that 75% of applicants for this visa in 2011 were Chinese. Chinese multimillionaires benefited most from the EB-5 Immigrant Investor Program in the U.S. Now, as long as one has at least US$500,000 to invest in projects listed by United States Citizenship and Immigration Services (USCIS), where it is possible to get an EB-5 green card that comes with permanent U.S. residency rights, but only in states specified by the pilot project.
Read more about this topic: Chinese American
Famous quotes containing the word immigration:
“I was interested to see how a pioneer lived on this side of the country. His life is in some respects more adventurous than that of his brother in the West; for he contends with winter as well as the wilderness, and there is a greater interval of time at least between him and the army which is to follow. Here immigration is a tide which may ebb when it has swept away the pines; there it is not a tide, but an inundation, and roads and other improvements come steadily rushing after.”
—Henry David Thoreau (1817–1862)
“America was indebted to immigration for her settlement and prosperity. That part of America which had encouraged them most had advanced most rapidly in population, agriculture and the arts.”
—James Madison (1751–1836)
“The admission of Oriental immigrants who cannot be amalgamated with our people has been made the subject either of prohibitory clauses in our treaties and statutes or of strict administrative regulations secured by diplomatic negotiations. I sincerely hope that we may continue to minimize the evils likely to arise from such immigration without unnecessary friction and by mutual concessions between self-respecting governments.”
—William Howard Taft (1857–1930)