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H.R. 4142

BillFederalHouseIn Committee
Golden Visa Accountability Act
About This Bill
Committee
Latest Action · November 1, 2022
Referred to the Subcommittee on Immigration and Citizenship.
Congress
117th (2021–2023)
Introduced
June 24, 2021
Cosponsors (10)
7D 3R
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Summary

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Golden Visa Accountability Act This bill requires the Department of State to establish and maintain a database containing information about investor visa denials due to the applicant's involvement in corruption or serious human rights abuses. (Generally, the United States offers immigrant visas to qualified individuals who invest in the United States and create a certain number of full-time jobs.) Initially, the database must include records related to such denials of U.S. investor visas. The bill also requires the State Department to eventually expand the database to include records of such denials of investor visas in other countries. The State Department shall prioritize including records from European Union countries and from Australia, Canada, New Zealand, and the United Kingdom. The State Department may admit a foreign country to be part of the database if the State Department determines (1) that country will be honest and forthcoming with its records, and (2) that country's investor visa program is at risk of abuse by corrupt foreign officials.

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