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Property In SUA = Green Card
- Thread starter AhBeng
- Start date
If it does, it will be the first country in the world to do so.
Many people struggle to tell the difference between migrant status entry/visa/ green card and the ubiquitous permanent resident status.
Most countries provide investor migratory status including the US but it is always spelled out in monetary terms and usually require a commitment to retain the value for a period of time. There is leeway in how the investment works in that country like buying houses for rent or even keeping it in a bank account.
Many people struggle to tell the difference between migrant status entry/visa/ green card and the ubiquitous permanent resident status.
Most countries provide investor migratory status including the US but it is always spelled out in monetary terms and usually require a commitment to retain the value for a period of time. There is leeway in how the investment works in that country like buying houses for rent or even keeping it in a bank account.
- Joined
- Jul 25, 2008
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if you're thinking of getting a green card by investing in the u.s., look no further than the uscis.gov site under "green card through investment" program. you need to invest at least usd500k in a business in a rural area or town with high unemployment and hire up to 10 fulltime employees to fulfil program requirements. if you plan to buy rental properties and use them to qualify for the program, you'll still need to create at least 10 jobs. most rental apartment multiplex do not require more than a manager and or handyman, so you'll be investing more than is necessary to get qualified in the program. a 4-plex is around usd600k to usd800k depending on area. an 8-plex is typically over usd1.2m. and you don't need 10 employees to run 1 complex. waste of operating exense. most gcti applicants invest in fastfood joints to get into the program. fastfood joints create employment easily and have quick cash returns once they're operational. a well placed joint with a popular brand can turn cash flow positive quickly in a backward town with low income earners needing a quick bite. if it's located off a freeway, even better income with hungry drivers. know of an indian who started a mcdonald's in modesto to get his gcti, and very quickly, he owns a 3rd restaurant covering the whole town. each employs well over 2 dozen, and his added benefit is that he gets to bonk willing female mexican employees looking for a promotion or higher pay. he now lives in fremont in a mansion on a hill and also owns a condo in modesto to score with his prettier employees. the town should be renamed "molesto" in his honor. 
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Re: Property In SUA Green Card
If you got a million to blow, just go to somewhere with a much better exchange rate.
If you got a million to blow, just go to somewhere with a much better exchange rate.
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