6 ms·

20 years here and no GC yet. The immigration system is a disaster. Upwards of$2 million in taxes to still be treated as a temporary worker.

by sg47 4y ago

lotsofpulp 4y ago
And yet if you had $500k or $1M as a lump sum years ago, you could simply have bought your way into the US with an EB-5. $900k or $1.8M now: https://www.uscis.gov/working-in-the-united-states/permanent-workers/employment-based-immigration-fifth-preference-eb-5/about-the-eb-5-visa-classification https://www.uscis.gov/working-in-the-united-states/permanent...
- 22SAS 4y ago
  It got changed to $800K minimum in March 2022.
  - lotsofpulp 4y ago
    Thanks for the update. Interestingly enough, the targeted employment area (TEA) amount was brought down from $900k to $800k, but the non TEA amount was brought down all the way from $1.8M to $1.05M, with both figures to be adjusted per inflation every five years.
- gnulinux 4y ago
  EB doesn't lead to Green Card as far as I know. Someone correct me if I'm wrong. That'd mean you'll need to be on EB permanently, which is not unlike being on H for 20+ years.
  - lotsofpulp 4y ago
    From the above USCIS link: >USCIS administers the EB-5 Program. Under this program, investors (and their spouses and unmarried children under 21) are eligible to apply for a Green Card (permanent residence) if they: >Make the necessary investment in a commercial enterprise in the United States; and >Plan to create or preserve 10 permanent full-time jobs for qualified U.S. workers. >This program is known as EB-5 for the name of the employment-based fifth preference visa that participants receive.
- diebeforei485 4y ago
  EB-5 is not anywhere as easy as people make it out to be. The wait time for someone born in India or China is upwards of 10 years.
usrn 4y ago
There are multiple groups involved here. Some of us don't want that many immigrants, for us the immigration system is only a disaster because of the high rate of illegal immigration.

20 years here and no GC yet. The immigration system is a disaster. Upwards of$2 million in taxes to still be treated as a temporary worker.

by sg47 4y ago

20 years here and no GC yet. The immigration system is a disaster. Upwards of$2 million in taxes to still be treated as a temporary worker.

lotsofpulp 4y ago

And yet if you had $500k or $1M as a lump sum years ago, you could simply have bought your way into the US with an EB-5. $900k or $1.8M now: https://www.uscis.gov/working-in-the-united-states/permanent-workers/employment-based-immigration-fifth-preference-eb-5/about-the-eb-5-visa-classification https://www.uscis.gov/working-in-the-united-states/permanent...

22SAS 4y ago
It got changed to $800K minimum in March 2022.
- lotsofpulp 4y ago
  Thanks for the update. Interestingly enough, the targeted employment area (TEA) amount was brought down from $900k to $800k, but the non TEA amount was brought down all the way from $1.8M to $1.05M, with both figures to be adjusted per inflation every five years.
gnulinux 4y ago
EB doesn't lead to Green Card as far as I know. Someone correct me if I'm wrong. That'd mean you'll need to be on EB permanently, which is not unlike being on H for 20+ years.
- lotsofpulp 4y ago
  From the above USCIS link: >USCIS administers the EB-5 Program. Under this program, investors (and their spouses and unmarried children under 21) are eligible to apply for a Green Card (permanent residence) if they: >Make the necessary investment in a commercial enterprise in the United States; and >Plan to create or preserve 10 permanent full-time jobs for qualified U.S. workers. >This program is known as EB-5 for the name of the employment-based fifth preference visa that participants receive.
diebeforei485 4y ago
EB-5 is not anywhere as easy as people make it out to be. The wait time for someone born in India or China is upwards of 10 years.

usrn 4y ago

There are multiple groups involved here. Some of us don't want that many immigrants, for us the immigration system is only a disaster because of the high rate of illegal immigration.