The million-dollar investor program was created by Congress in 1990. It allows foreign nationals to attain permanent U.S. residency if they invest $1 million in a U.S. business, provided that investment creates ten jobs (John R. Emshwiller, “Fraud Plagues U.S. Programs That Swap Visas for Investments,” The Wall Street Journal, April 11, 1996, p. B1).
