6 ms·
Does not sound that differend from the EB-5 Immigrant Investor Visa the US already has except for the fact that you gift the money to the feds instead of invest
by VladStanimir 1y ago
Does not sound that differend from the EB-5 Immigrant Investor Visa the US already has except for the fact that you gift the money to the feds instead of investing it in a company with 10 employees.
- gdbsjjdn 1y agoEB-5 requires a million dollar investment that creates 10 jobs for 2 years. There's also documentation of the source of the funds. 1 million dollars seems exceptionally cheap for a US resident visa with no strings attached. In Canada some provinces have a similar process where you can run a business for a year and apply for permanent residency. In my city there were a bunch of weird little, clearly unprofitable franchises - bubble tea was one for a long time - where the owner was basically running it at a loss to buy citizenship. It seemed to require a little more commitment to the community and effort than just handing over a big bag of cash. They've discontinued it in Ontario now, which has probably contributed to the glut of unoccupied commercial real estate.