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How foreign investors use EB-5 to build charter schools, by Gina Smith

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opednews.com Headlined to H3 5/30/17

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 This story from South Carolina 'demonstrates how foreign investors are buying green cards by investing in charter school construction, and the middlemen are raking in money at exorbitant interest rates. A handful of S.C. charter schools are poised to pay out millions in taxpayer dollars in the form of high-interest rent payments on the new school facilities. Money for S.C. students’ education is instead going to this relatively new network of out-of-state players who are charging high interest rates, as well as wealthy Chinese nationals searching for a quicker path into to the country Remember how Jared Kushner's sister solicited investments in Beijing, where she promised that investors of at least $500,000 would get a green card in exchange for investing in charter school construction;'  South Carolina shows usanother way in which the EB-5 visas are up for grabs!' 

Read the rest of the story HERE:

At www.thestate.com

 

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I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

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