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I'm strongly considering that. 17 years in the US, $550k in annual pay, $750k+ in taxes paid in the last 15 years, American-born kid but I still don't have the
by throwaway082729 8y ago
I'm strongly considering that. 17 years in the US, $550k in annual pay, $750k+ in taxes paid in the last 15 years, American-born kid but I still don't have the freedom to switch jobs at ease or even take a break between jobs, start my own business or work at a small startup, take part-time jobs from advising companies, rent my place out on Airbnb, etc. My wife, who teaches special needs kids, cannot work soon after H4-EAD is revoked. Trump has made some noise about fixing immigration for high-skilled immigrants but no progress on that and no one else seems to care. Thinking of moving to Canada or Australia or back to my home country. The other option is to start a SuperPac and raise $1000 from every Indian stuck in GC limbo.
- raincom 8y agoWhy have not you applied for EB-5 regional centers, since you have that kind of money? You would have green card by now, had you taken that route. Regional center eb-5 requires $500k. Otherwise, $1M with the proof that 10 Americans are employed.
- YukonMoose 8y agoThis process is a bit of a scammy to say the least. I can understand why people would want nothing to do with it. Apart from the suit of sleazy law firms that offer to “help”,similar to other visas the us applies a quota per nationality, with waiting times of many years depending on where you are from. Unless you have $500k to throw away it is not a viable option as far as I could see. https://www.wsj.com/articles/real-estate-developers-look-to-vietnam-for-cheap-financing-11551794400 https://www.wsj.com/articles/real-estate-developers-look-to-...
- raincom 8y agoFor people born in certain countries like China, it is indeed a bad deal, due to per-country quota. Yes, there are scams. A Chinese attorney couple in California got busted. USCIS mandates that the investment (in this case, $500K) should be at risk. However, if one has $1M to invest and create 10 jobs for two years, this pipeline hasn't exhausted per-country quota as yet. The GP makes enough money to go through this route. Buy a failing business in some area, run it for a loss and get the green card. Here, one doesn't need to deal with sleazy lawyers. $7.25 per hr is the min wage in some states. $20K per year per job. 10 jobs per year = $200K. Run it until conditions are removed for the green card. Due to delays in gc processing, add one more year to 2 years conditional period. So, 3 years in total. The total cost: $200K * 3 = $600K.
- throwaway082729 8y agoI don't want to risk $500k on this. Would rather go back and invest it in my home country. It's also a scam and I don't want to get my GC this way.
- sjg007 8y agoSuperPac is to run ads on TV/FB etc... you can’t make direct campaign contributions as foreign nationals. As a lobby though it is a good idea and you’d probably get backing from Tata etc...