these developers who figured out how to get money from the aliens. >> reporter: tell that to bill stanger.m. >> a conference center, retail shops. >> reporter: eager to show us around, and boasts of the impact on the local economy. >> hundreds and hundreds of new full time jobs being created as a result of these facilities. >> reporter: locals also are happy for the foreign investment. brad quinton has been able to stay put and raise his family here. >> before this started, i was traveling two, three, four hours to work to connecticut and new hampshire. >> reporter: and now year-round employee alex says the pros outweigh the cons. >> we're looking at a few thousand people coming in and creating a whole bunch of jobs for those of us that need them quite badly. >> the rules are, that investors must show they've created at least ten jobs and can only pull their money out after four years, if a business falls they would lose their money. getting a green card is no guarantee of getting citizenship. there are 10,000 of these special visas up for grabs every year, but far fewer applicants. >>> w

it looks like that to stanger road.had one earlier fender- bender on an off-ramp on highway 4 through antioch. it is now gone. now we just have the brake lights from antioch and continues to the pittsburg concord area. we will have a check of mass transit, coming up. >> and in the meantime, back to you. >>> 6:47. europe's debt crisis driving the markets again this morning. >> stocks are heading south in the early going. let's check in with jason brooks with kcbs and cbs money watch .com. here we go again. >> and i will try to keep this quick. i know you have the mayor quan press conference coming up on occupy oakland. the numbers are down considerably. amid worries about the debt deal reached in europe last week. moody's say it doesn't see anything new come out of it. most of it is old measures and it will put all of the measures of the european markets on review. intel this morning, lowering the fourth quarter revenue forecast considerably because of supply shortages of hard disk drives coming out of thailand. signific

but for co-owner bill stanger says the snow is not enough to make a business.transforming the winter resort into a year-round facility. building a golf course, a water park, and an indoor ice ring. >> without sustained year-round operations you can't survive. you must be 12-month-a-year operations. >> reporter: he needed about $250 million to expand. the banks wanted 30% down. money he did not have. >> if you don't have capital, you can't mauck things happen. >> reporter: instead using a federal program, he got the money from rich immigrants willing to invest $500,000 each in exchange for a green card for them and their families. >> we have over 500 investors from 56 countries. >> reporter: among them, berinda and his wife. these are the permanent green cards. >> these are the green cards. >> reporter: he is an indian engineer that travels on business to the united states. he decided to switch countries and careers and became a mystic teaching enlightenment. >> i make up my mind, i come here and the only option available at that time was the investor root. >> r