Intro: |
Legislators hesitate to pass the China Hub bill because of the Mamtek trouble. |
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RunTime: | 0:37 |
OutCue: | SOC |
Wrap:
Moberly's failure in a business deal with the Chinese company Mamtek adds to the controversy of the China hub bill.
Mamtek solicited in China through the U.S. immigration investment policy.Now Mamtek is in default and refused to reply to this issue.
Seattle attorney Dan Harris who specializes in legal issues of Chinese businesses says the U.S. immigration office is aware of this growing immigration investment.
Intro: |
U.S. Department of Homeland Security approves Mamtek as an immigration investment project. |
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RunTime: | 0:41 |
OutCue: | SOC |
Wrap:
U.S. Citizenship and Immigration Service website still lists the default company Mamtek as one of the 184 approved investments.
Under the U.S. immigration investment policy, known as EB-5, foreign stakeholders can invest $500,000 to get visas for themselves and their family members.
Attorney Dan Harris says half of EB-5 visas are for rich Chinese.Mamtek's business deal with Moberly has collapsed since the Chinese founded company was found in financial trouble.
Citizenship and immigration spokeswoman Marilu Cabrera says she was uncertain what would happen to anyone who received a visa through the Mamtek investment if the company becomes in default.Intro: |
U.S. immigration office sells visas to default foreign companies. |
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RunTime: | 0:25 |
OutCue: | SOC |
Wrap:
U.S. immigration office has approved Mamtek as immigration investment.
This policy allows Mamtek investors with $500,000 get visas for their families.