The US Citizenship and Immigration Service has ended the EB-5 visa program in South Dakota. That program has been at the center of a political debate for several years.
Governor Dennis Daugaard says the focus of the federal complaints are with the management of the South Dakota Regional Center, which handled the federal program………
Under the EB-5 program, foreign investors could gain a US visa with a five hundred thousand dollar investment. Daugaard says those investments had to be directed to risky prospects………
Daugaard says his administration will not pursue reinstatement of the EB-5 program…..
The state has thirty days to officially respond to the notice from US CIS.
