This Article examines some of the driving forces behind the "immigrant investor" category created by the Immigration Act of 1990. The authors find that the "immigrant investor" provision was motivated by a recognition that foreign investment is both beneficial and necessary to the U.S. economy. They also find that Congress was driven by an awareness that America must resist stiff competition from other countries for the foreign investor dollar. The Article examines the legislative history of the provision, as well as the forces responsible for its creation. The authors conclude that by enacting the investor employment-creation visa provision of the 1990 Act, the United States government has demonstrated for the first time that immigration is an instrument of national economic policy.
Gary Endelman & Jeffrey Hardy,
Uncle Sam Wants You: Foreign Investment and the Immigration Act of 1990,
San Diego L. Rev.
Available at: https://digital.sandiego.edu/sdlr/vol28/iss3/5