Our country's history is filled with countless stories of struggles and hardships by immigrants. If you are wealthy enough, however, you can pay your way in. Foreign nationals willing to invest $500,000 to create jobs can get a fast-track to U.S. citizenship through EB-5 visas.
This option has been available for more than 25 years. In the last decade, applications have skyrocketed for what some are calling the "millionaire's visa."
EB-5 supporters say this program fuels development and creates jobs, but not without igniting controversy along the way.
The recession of 2008 put development on hold in Las Vegas, but foreign money sparked a comeback from that economic slump.
In 2013, EB-5 funding established itself in the valley with the development of the Downtown Grand, followed by the SLS Las Vegas and the Lucky Dragon, which is scheduled to open this year.
David Jacoby is the Chief Operating Officer of the Lucky Dragon Hotel and Casino.
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