Forum Support Old55 Posted October 22, 2011 Forum Support Posted October 22, 2011 A US Bill has been introduced to provide US visa to live full time in the States to anyone who spends $500,000.00 or more on a residential home here. http://www.latimes.com/business/la-fi-visas-home-buyers-20111021,0,6715779.story Link to comment Share on other sites More sharing options...
Mr Lee Posted October 22, 2011 Posted October 22, 2011 A US Bill has been introduced to provide US visa to live full time in the States to anyone who spends $500,000.00 or more on a residential home here. http://www.latimes.c...0,6715779.story That should help the elite of the Philippines, and it might even help the housing situation in the US to some degree, but I fear it will cause even more problems by bringing in some rich undesirables. I hope they make it part of the law that those who wish to buy, have to show where they got the money from. Link to comment Share on other sites More sharing options...
joeatmanila Posted October 22, 2011 Posted October 22, 2011 Who said that US citizenship cannot be bought? I am having drinks right now and bored to search the link for it but as far as i know if you bring over 1 million USD in US and you want to invest it and employ US citizens....be their guest. A million dollars now days is not a hard task... Link to comment Share on other sites More sharing options...
Jake Posted October 22, 2011 Posted October 22, 2011 A US Bill has been introduced to provide US visa to live full time in the States to anyone who spends $500,000.00 or more on a residential home here. http://www.latimes.c...0,6715779.story Hmmm....very interesting. The proposed bill called The Visa Improvements to Stimulate International Tourismto the United States of America Act, or VISIT-USA Act, does have some merit. The foreign investor must payin cash (no mortgage), must obtain a work visa with no medical or social security benefits. Now I wonder if the Philippine government would curtain this plan, having half a million US dollars for each richFilipino investor going to another national economy. But I'm sure the deep pockets of BOC and BOI will find away to get a piece of that pie. Jake Link to comment Share on other sites More sharing options...
Forum Support Old55 Posted October 22, 2011 Author Forum Support Posted October 22, 2011 Vancouver BC has been totally transformed by Chinese emigration and investments because Canada changed emigration laws in a similar manner at the time of Hong Kongs turn over. Link to comment Share on other sites More sharing options...
Art2ro Posted October 22, 2011 Posted October 22, 2011 Sounds good to me as long it will get the U.S. out of this recession sooner rather than later! :o Link to comment Share on other sites More sharing options...
Dave Hounddriver Posted October 23, 2011 Posted October 23, 2011 I think all countries would be wise to charge a fee for immigrant status, but I'm glad they don't. My thinking is that every resident owes a share of the national debt of that country so if someone wants to immigrate then just pay up one resident's share and welcome aboard. If the population doubles due to that tactic, then the debt will be paid off. Link to comment Share on other sites More sharing options...
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