Indians flock to America's 'golden visa' as H-1B route closes

This quote is interesting:

China remains the biggest market by far for the visa, but it has been losing its luster.

The country accounts for thousands of EB-5 applicants every year -- more than 75% of roughly 10,000 visas awarded -- but demand there is now slipping because the backlog of applications means Chinese investors now have to wait at least 10 years for a green card.

I guess buying a $1,000,000 house in Irvine is not the pathway to a green card for Chinese, unless you got 10 years to wait...
 
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