(Bloomberg) A US program that grants legal residency toforeigners in exchange for job-creating investments is drawing awave of interest from Latin Americans fleeing turmoil in their homecountries.
For Brazilians, the number of visas from the program, known asEB-5, rose tenfold from 2015 to 2018 as Latin America's largesteconomy struggled to emerge from a crushing recession. Venezuela'stotal jumped as it spiraled deeper into hyperinflation. For Mexico,the increase coincided with left-wing populist Andres Manuel LopezObrador's successful presidential campaign. All three countrieshave also suffered surges in violent crime.
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