Travel ban leaves some foreigners worried about their $500,000 US investment

The below snippet is taken from CNBC and the link to the full article can be found below:

Dr. Gehad Masri wanted to help his eldest son fulfil the dream of becoming a doctor, just like him — and he was willing to spend half a million dollars to do it.

Masri applied for a popular U.S. employment program known as EB-5. It offers citizenship to foreigners in return for at least a $500,000 investment in development or business that creates at least 10 jobs.

Masri paid the money, was accepted to the program, but is now on hold due to President Donald Trump’s executive order temporarily banning travel from seven mostly Muslim countries.

Masri has lived in Dubai for 20 years, but he, his wife and their three teenage children all have passports from Syria, one of the seven countries. Masri’s son, Marwan, is a straight-A student and has already been accepted to two American universities. He was supposed to go on a school-sponsored trip to Boston to look at more colleges, but the trip was cancelled when the executive order was signed.

READ FULL ARTICLE HERE