Reforming the Immigrant Investor Program of the Immigration Act of 1990
Article Abstract:
Congress should reform the Immigration Investor Program established under the Immigration Act of 1990 in order to make it more attractive to foreign investors. The program's requirement of a $1 million investment discourages rather than attracts investors and is not competitive with other countries such as Canada and Australia who have similar programs. The requirement that 10 new jobs be created with each investment should be dropped in favor of allowing the investor to choose between creating a new business or investing in a government-approved fund which would create jobs indirectly.
Publication Name: University of Pennsylvania Journal of International Business Law
Subject: Law
ISSN: 0891-9895
Year: 1995
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China's equity joint venture law: a standing invitation to the West for foreign investment?
Article Abstract:
China needs to make its equity joint venture laws more responsive to Western nation's concerns that political instability and restraints on the domestic economy will block returns on investments. Potential investors fear China will revert to isolationism, once it uses investments to reach a desired level of economic development. China has in fact amended its 1979 investment laws to depend on long-term international cooperation for economic and technological strength, showing their intent to meet investors' concerns.
Publication Name: University of Pennsylvania Journal of International Business Law
Subject: Law
ISSN: 0891-9895
Year: 1993
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Hot dog stands or high tech? The fate of Taiwanese investors and the Immigration Act of 1990
Article Abstract:
Taiwanese nationals did not overwhelmingly respond to the 1990 Immigration Act's reward of American citizenship for certain investors. Would-be immigrants seized upon opportunities to invest in Taiwanese infrastructure programs and applied proceeds to lucrative overseas technological investments without leaving Taiwan. Such investments can still create the job growth and trade imbalance reduction the US set out to accomplish by enacting the foreign investor citizenship policy in the first place.
Publication Name: University of Pennsylvania Journal of International Business Law
Subject: Law
ISSN: 0891-9895
Year: 1993
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