The CEOs of the two foreign companies that promise to bring more than
600 new jobs to Newport visited the future site of their operations
Thursday in the lakefront building formerly occupied by Bogner ski
Vermont’s Northeast Kingdom is expected to receive $500 million and 10,000 jobs through a
program that allows people from outside the United States to obtain U.S.
residency in exchange for investments.
Vermont businesses say they’ve been able to expand and add
jobs by relying on capital from foreign investors. But
they say ready access to that money could dry up unless Congress reauthorizes a
special immigration program that encourages such investment.