US Investor Green Card : Business Ideas ?
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Location: Brampton, Ont, Canada
Posted on: 28-07-15 16:54:43
There are many ways to in USA - people should discover it.
All I can say if you have 500k capacity then EB-5 is the BEST and FASTEST way to get Green Card..
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'Some goals are so worthy, it's glorious even to fail.' (Param Vir Chakra awardee Lt. Manoj Pandey)
And also the most expensive & the MOST RISKY one .
You could loose your lifetime savings and still not get a GC .
One should be very careful the EB5 route and try to avoid the Regional Center route where you loose control of your capital.
Also we must not forget that an intrinsic requirement of the EB5 is that your entire capital MUST be at risk.
So say you brought in $1 million , started a business with $300K , kept $700K in fixed deposits and managed to create 10 new full time employees .
You should get the GC since you created 10 new full time jobs .. Right ??
Wrong ! ~ Since your entire capital was not at risk and that is a requirement , your GC will be rejected . So one needs to very careful when going the EB5 route .
Had it been easy and straight forward , since it is the quickest route to GC (after L1A) , there would have been a lot of takers .
Doable Yes ... but needs lot of planning and certainly not for the faint hearted.
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Fido.
Location: Brampton, Ont, Canada
Posted on: 28-07-15 17:33:09
Had it been easy and straight forward , since it is the quickest route to GC (after L1A) , there would have been a lot of takers .
Doable Yes ... but needs lot of planning and certainly not for the faint hearted.
+ 1 , 100% AGREE -
i have always said EB-5 is not simple as people think ... BUT can't deny that it's also a very strong platform to get secure and fast GC ( as Fido said "needs lot of planning and certainly"
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'Some goals are so worthy, it's glorious even to fail.' (Param Vir Chakra awardee Lt. Manoj Pandey)
Location: Western Hemisphere
Posted on: 28-07-15 19:10:30
Quote:
Originally posted by JRF
If you are on TN1 and laid off, technically you should leave the US, I think you could go tonthe border, get back as a visitor to wind up your apartment etc..,
Based on my research, if kids are attending public school, you need to pay the fee (set by the state) to continue school.
What if kids are attending private school ? Like challenger / stratford etc..,
I think being in H1B is helpful in this regard as it is less likey to affect kids school so long your I-94 is valid.
Any thoughts.
One's stay in the US is valid only as long as the employment is active, regardless of what non-immigrant status one is in. Whether TN or H1, the I-94 becomes invalidated as soon as employment ends. At that point, the applicant has to leave the country and enter under a new employment agreement and a new TN or under a different status.
This is where being a Canadian citizen helps since one may re-enter as a visitor without any complications (unless there are hidden histories) as that individual does not require a visa.
In all cases, one must satisfy the questions of the border official at the POE to be admitted into the US.
If kids are in school, I would have to imagine that things get complicated, since the child is no longer a legal dependant non-immigrant. I believe the child has to be under his/her own F1 (student) status, which of course takes time to obtain.
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Dimple2001
Location: Western Hemisphere
Posted on: 28-07-15 20:55:29
Quote:
Originally posted by happywoman36
If we combine 2 yrs together, we can stay one full year in USA. Say I leave for USA July this year and come back June next year.
The discretionary permission to stay in the US is 6 months at a time. If you remain in the USA for a whole year, you are considered to have lived illegally. In other words, you can't claim a 2 year period and expect to be allowed for 6 + 6 months.
Please exercise caution before planning on entering or remaining in the US as a visitor. Canadians do not have any special privileges other than the visa free entry stemming from certain bi-lateral laws (this is different from visa-exempt entry that is offered to many countries of the world).
Also, how do you plan on obtaining admission in a public school? You have to prove legal residency in the school district. The child will be, in most locations, required to provide legal status in the US (birth certificate, social security number, etc).
At the border (airport or road), the usual sequence of questions are:
1. Where do you live?
2. Citizenship?
3. Where are you going?
4. Purpose of visit?
5. How long will you be in the US?
6. What are you bringing into the US?
7. How much money do you have?
If I were you, I would think deep on how you would answer 3, 4 and 5 if you hold an intent to live for 12 months (or even more than a couple of weeks, for that matter).
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Dimple2001
Quote:
Originally posted by happywoman36
Since Canadians are allowed to stay for 6 months, let's forget abt Iinvesting millions in USA. If we combine 2 yrs together, we can stay one full year in USA. Say I leave for USA July this year and come back June next year.
I may be wrong, but the rule is 180 days within a 365 day period for a Canadian visitor. Dimple2001 may be able to confirm.
Hiren
Location: Western Hemisphere
Posted on: 29-07-15 08:11:54
The point is not if it is 6 months or 4 months. It is the intent behind the stay in the US when one is on a visitor status. Beyond triggering a tax liability after the 182 days or so, there is the utmost concern whether the stay is legal or not. And yes, unlike in Europe and a majority of the countries, an invisible background based entry-exit system has been in the works for a few years now. So, it is possible that in the near future, US and Canada would know the exit dates of people leaving the respective countries.
Once again, try answering the questions in my earlier post in the context of a visitor. As an example, I'll pick one question:
>> Where are you going?
>>>>>> xxx city
>> Why? What is the purpose of your visit?
>>>>>> planning on spending 5 months (Potential RED FLAG)
>> What will you be doing there?
>>>>>> just traveling around the area
>> Where do you work? (because the officer probably is wondering why an employable aged person would travel for such a long time)
>>>>>> I don't, I am a home maker.
>> Are you going to be staying with someone?
>>>>>> Umm, no. (Potential RED FLAG)
>> So, what is the address of your stay?
>>>>>> I plan on renting an apartment (RED FLAG)
>> What about the rest of your family?
>>>>>> My husband is working in XXX. I'll be keeping my child.
>> How old is your child?
>>>>>> XXX years old
>> Doesn't the child have school to attend?
>>>>>> Oh yes, I plan on enrolling my child in the city I am visiting.
(BY this time, enough flags are probably raised to send you to the secondary inspection for more intense questioning).
Now, on the other hand, if your plan is to purchase investment properties, you can say so, since you may want to check out those properties. But in all reality, you'd probably need no more than 2 weeks to accomplish that as most of the leg work can be done over the web and phone, and without disrupting your children's school schedule.
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Dimple2001
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