As Life Goes Digital

As Life Goes Digital

Technology, Cricket, Deals, Immigration etc …


Greencard For foreigners Buying US Homes Worth $500,000

New bill sponsored by Democrat Chuck Schumer (NY) and Republican Mike Lee (Utah) to increase housing demand. This is similar to job creation visa with $500K investment and 10 jobs. This bill if approved may become key to recovery of housing market of US.

Key highlights of visa for buying $500K homes:
– 3 years visa for foreign nationals who invest at least $500,000 in residential real estate in the United States.
– At least $250,000 must be spent on a primary residence
– Must reside for at least 180 days out of the year while paying taxes to the U.S

Sponsored Bill Link : Lee, Schumer Introduce Immigration Reform Bill


EMAIL NEWSLETTER

Your Email Address:

Delivered by FeedBurner


Posted By: Kalyan | Date: October 23, 2011 | Categories: GreenCard, Immigration

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>