Monday, October 24, 2011

VISA Program Draws Mexican Investors looking to escape Cartel Violence; Link to KUT.ORG

A program that provides U.S. visas for small-business investors from overseas is becoming more attractive to well-to-do Mexicans. Cody Lyon writes about the EB Immigrant Investor program in this week’s Austin Business Journal. He tells KUT Ian Crawford about the effect of drug violence is having on well-to-do Mexicans, and why may are looking north to invest their money..

The types of people that were looking to invest this money are people who are successful in Mexico – they have drivers, they have maids, they have ways of life that they can afford there. But they are targets of cartel violence. As I was told by the Hispanic Chamber of Commerce here in Austin, it’s almost impossible to succeed in business in Mexico and not be a target of some sort of retribution.

You can hear the rest of the interview by clicking the audio player above.

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