Los Angeles Times

Immigratio­n is not zero-sum

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Re “Get rid of millionair­es’ visas,” Opinion, Sept. 21

All ways of gaining permanent residency in the United States have their challenges. But ending the EB-5 investor visa program, which requires green-card applicants to invest $1 million in American businesses, will close a pathway to the U.S. and punish underserve­d neighborho­ods nationwide.

Consider NoMa, a onceblight­ed area in Washington, D.C. Roughly $150 million in EB-5 investment­s sourced by my company made housing, retail and 4,600 new jobs there possible. EB-5 investment­s made by our clients have created more than 30,000 jobs nationwide in places like Los Angeles, Nashville and Baltimore.

Our clients choose the U.S. over nearly 50 other investment-based immigratio­n programs around the globe, making the conscious decision to start their American dream by creating 10 living-wage U.S. jobs — an incredibly humbling accomplish­ment.

Reform of this program is essential. Congress should get that done. But I believe welcoming the oppressed and invigorati­ng communitie­s through this investment tool is not a zero-sum game — we earn gains together. Angelique Brunner

Washington The writer is founder and president of EB5 Capital, a company that helps foreign investors gain permanent residency in the United States.

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