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>> if you buy property in excess of half a million dollars- you'll get expedited green card service instead It’s not quite like that. You need to create jobs.
by credit_guy 5y ago
>> if you buy property in excess of half a million dollars- you'll get expedited green card service instead
It’s not quite like that. You need to create jobs. At least 10 of them [1]:
“ aliens who have invested or are actively in the process of investing $1 million (or $500,000 in targeted employment areas) in a new commercial enterprise that will benefit the U.S. economy and create at least 10 full-time positions for qualifying employees. These aliens are also called ‘EB-5 immigrant investors’ “.
[1] https://www.uscis.gov/green-card/green-card-eligibility/green-card-for-immigrant-investors https://www.uscis.gov/green-card/green-card-eligibility/gree...
- esalman 5y agoTechnically you are right. I'm saying it is rife with abuse though- https://cis.org/Report/Map-Sites-EB5-Visa-Fraud-and-Folly-United-States https://cis.org/Report/Map-Sites-EB5-Visa-Fraud-and-Folly-Un...
- credit_guy 5y agoThe Constitution protects the private property. Yet, every year there are a number of burglaries. Does it follow the Constitution encourages the burglars?
- esalman 5y agoThe burglars are not taking advantage of a loophole in the constitution though. Let me give you an example- some investors bypass the employment provision mentioned here by presenting construction workers, or even tenants on the property as employees.