Controversial Chinese College Project Being Built Upstate NY Faces Obstacles

In an upstate New York town of roughly 15,000, a Long Island developer is facing pushback over plans to build a Chinese education center using the controversial EB-5 investor program, which offers foreign investors a path to United States permanent residency in exchange for job-creating investment.
The EB-5 Immigrant Investor Program allows foreign nationals to obtain a green card by investing in U.S. projects that create American jobs. Large real-estate developments have long relied on EB-5 capital, and ambitious projects like this one often draw scrutiny from local residents and regulators alike.
The controversy highlights a recurring theme in the EB-5 world: the program’s economic benefits are real, but so are questions about oversight and the communities where projects land. For a deeper look at how the program actually works, read our article on myths and facts about the EB-5 visa.
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