Commentary Chinese investors once again can purchase green cards by investing in the U.S. real estate market under the aegis of a controversial immigration program that has been revived after lapsing last year. The $1.5 trillion omnibus spending bill passed by Congress and signed by President Joe Biden earlier this month reauthorizes the heart of the EB-5 investor visa program, which awards green cards to wealthy aliens and their families in return for significant investments in the United States. Most immigrant investors hail from China. Critics of the program question the wisdom of allowing immigrants to buy their way into the United States. The EB-5 program, intended to create permanent jobs in economically depressed areas, has also been wracked by scandals and abused by property developers to channel investment into luxury real estate projects in places like Manhattan and Beverly Hills. The program allows visa-seekers to either invest in the …