alt Hacker News<< You need to be specific about how green cards are currently sold before I can attempt to explain the difference.
I was personally referring to EB5[1]
<< Further, if there is no difference IYO, then why is Trump proposing something new?
Eh, I have a personal theory, but that one will likely need some time to confirm. The shortest, handwavy way I can offer is politics ( and separation/differentiation from existing EB5 ), but I am open to alternative explanation.
[1]https://www.uscis.gov/working-in-the-united-states/permanent... [2]https://legalservicesincorporated.com/immigration/minimum-eb...
<< It's important to remember those were not the only ways, they just happened to have be the most effective,
True, but I am questioning how much some of this stuff will be increasingly challenging to evade. The fact that beneficial owner version in US was effectively scrapped suggests the AML regimes were getting pretty close to the issues you were referring to. And, as always, conversations within the industry players are discussing more monitoring, more data.. not less.
<< The fact that governments only chipped at the edges with no systemic changes is telling.
That is true, but it does not prove that capital has no borders ( original point of contention ).
> That is true, but it does not prove that capital has no borders ( original point of contention ).
Which is easier to execute: legally investing on a goat project on Mongolia or Djibouti over 2 years vs legally living there for 2 years?
It's self evident that there are far fewer hurdles for capital to transcend national borders than people. I am not certain if your argument is that the existence of minimal friction proves that there are borders for capital. If so, I'll concede that capital crossing market and judicial boundaries will encounter some minor bumps - typically from the country of origin. This heavily contrasts with labor, which faces significantly more resistance, and the resistance is from the destination country/market/juridiction. Would you agree with "Countries bend over backwards for capital inflows, including from individual investors"? It's a mouthful, but perhaps expresses the same sentiment.