Chinese-English Bilingual News with Pinyin - 美国依然是中国富人的梦想之地 Surge in Rich Chinese Who "Invest" in U.S. Citizenship

měi ɡuó yī rán shì zhōnɡ ɡuó fù rén de mènɡ xiǎnɡ zhī dì
美  国  依 然  是  中    国  富 人  的 梦   想    之  地
Surge in Rich Chinese Who "Invest" in U.S. Citizenship

 

jín ɡuǎn zhè lǐ yǒu wéi rǎo zhe jiē jí dòu zhēnɡ hé chénɡ fá chénɡ ɡōnɡ de zhū duō zhēnɡ lùn ,

尽  管   这  里 有  围  绕  着  阶  级 斗  争    和 惩    罚 成    功   的 诸  多  争    论  ,

duì quán qiú de fù rén lái shuō , měi ɡuó yī rán shì tā men de yí ɡè mènɡ xiǎnɡ zhī dì ,

对  全   球  的 富 人  来  说   , 美  国  依 然  是  他 们  的 一 个 梦   想    之  地 ,

duì zhōnɡ ɡuó de yǒu qián rén yóu qí rú cǐ 。
对  中    国  的 有  钱   人  尤  其 如 此 。

 

american

(新入籍的美国公民)

 

xiānɡ ɡuān bào dào zhōnɡ ɡuó yín hánɡ hé cái fù yán jiū ɡōnɡ sī hú rùn bǎi fù (Hurun

相    关   报  道  中    国  银  行   和 财  富 研  究  公   司 胡 润  百  富 (Hurun

Report) zuì jìn jìn xínɡ de yí xiànɡ diào chá xiǎn shì , yǒu yí bàn yǐ shànɡ de zhōnɡ ɡuó

Report) 最  近  进  行   的 一 项    调   查  显   示  , 有  一 半  以 上    的 中    国  

qiān wàn fù wēnɡ yào me zhènɡ zài kǎo lǜ yí mín , yào me yǐ jīnɡ cái qǔ le xiānɡ yīnɡ de

千   万  富 翁   要  么 正    在  考  虑 移 民  , 要  么 已 经   采  取 了 相    应   的

xínɡ dònɡ 。
行   动   。


diào chá fā xiàn , shòu fǎnɡ zhě zuì chánɡ tí dào de yí mín lǐ yóu shì wéi zí nǚ de jiāo

调   查  发 现   , 受   访   者  最  常    提 到  的 移 民  理 由  是  为  子 女 的 教   

yù , qí cì shì xī wànɡ yǒu ɡènɡ hǎo de yī liáo fú wù yǐ jí duì zhōnɡ ɡuó wū rǎn de

育 , 其 次 是  希 望   有  更   好  的 医 疗   服 务 以 及 对  中    国  污 染  的

dān xīn 。
担  心  。


diào chá xiǎn shì , dì yí dà yí mín mù dì dì shì měi ɡuó , zhàn le 40% ; qí cì

调   查  显   示  , 第 一 大 移 民  目 的 地 是  美  国  , 占   了 40% ; 其 次

shì jiā ná dà , zhàn 37% ; xīn jiā pō zhàn 14% , ōu zhōu zhàn 11% 。
是  加  拿 大 , 占   37% ; 新  加  坡 占   14% , 欧 洲   占   11% 。


duō nián lái , EB-5 yǐn fā le hěn duō zhēnɡ yì , yì xiē rén shuō zhè nénɡ dài lái shòu

多  年   来  , EB-5 引  发 了 很  多  争    议 , 一 些  人  说   这  能   带  来  受   

rén huān yínɡ de tóu zī ; qí tā rén zé shuō , zhè shì yònɡ qián mǎi ɡuó jí de jì huà ,

人  欢   迎   的 投  资 ; 其 他 人  则 说   , 这  是  用   钱   买  国  籍 的 计 划  ,

duì shí jì jiù yè méi yǒu rèn hé bānɡ zhù 。
对  实  际 就  业 没  有  任  何 帮   助  。


nǐ rèn wéi zhōnɡ ɡuó tóu zī zhě rù jí měi ɡuó de rè cháo duì měi ɡuó jīnɡ jì shì hǎo shì ,

你 认  为  中    国  投  资 者  入 籍 美  国  的 热 潮   对  美  国  经   济 是  好  事  ,

hái shì huài shì ?
还  是  坏   事  ?

 

 

Translation

 

Despite all the talk of class warfare and punishing success, the U.S. remains a highly desirable place for the world's rich. Especially for the rich Chinese.

According to data from the Immigration Service, thousands of wealthy Chinese have applied for the EB-5 Visa, also known as the 'green-card-for-money' program.

Under the program, foreign investors must finance commercial projects in the U.S. by investing either $500,000 or $1 million and create at least 10 full-time jobs. The investors have to undergo a background check, identify the source of their wealth and create and sustain 10 full-time jobs. The investors and their families can get citizenship after five years if they fulfill the requirements.

Lots of rich people around the world apply. But the Chinese have become far and away the biggest users and beneficiaries.

In 2011, 2,969 Chinese citizens applied for the program and 934 were approved, according to the Immigration Service. (Approval doesn't mean they get citizenship, it just means they can start the program). Their numbers represented more than three quarters of the total number of applicants and approvals.

It's also a huge increase from previous years. In 2007, only 270 Chinese citizens applied and only 161 were approved, accounting for only about a third of the totals.

Why the huge increase?

The obvious reason is that China has a lot more millionaires and billionaires.

But the other reason is that these newly rich want out or at least an escape hatch and presence in another country in case they have to flee.

A recent survey from the Bank of China and wealth researcher Hurun Report found that more than half of China's millionaires are either considering emigrating or have already taken steps to do so.

The survey found that the most common reason cited by respondents for emigrating was their children's education, followed by a desire for better medical treatment and the fear of pollution in China.

The top destination among those emigrating was the U.S., accounting for 40%, followed by Canada with 37%, Singapore with 14% and Europe with 11%, the survey showed.

The EB-5 program has stirred controversy for years, with some saying it's brought welcome investment, and others saying it''s a mercenary citizenship program that does little for actual employment.

Do you think the flood of Chinese investors getting citizenship is good or bad for the economy?