content: They did this in the country where I used to live too, with some minor differences.  US$100,000 startup capital for a business, which allows up to three permanent residencies (issued for a year at a time).  The money doesn't have to be used in the business, it can be withdrawn immediately after the business has been registered. However, immigration officials cottoned-on pretty quickly, and they liaise heavily with the tax office to ensure the business is real and contributing to the the economy.