Buy a house for at least US$500k and you get U.S. legal residency ... or buy a house for US$250k and invest US$250k in rental property.
If this bill passes, I see a lot of rich Dominicans, Venezuelans, Colombians, etc. going after this... what do you think? I know that nowadays rich Latin people ? la Cisneros, Slim, (including Dominicans) Rainieri, Viccini etc. have no problems getting tourist visa. But residency visa is more difficult and complicated to obtain, you have to "mingle" within one of the available categories (business, family, investment) and usually the paperwork is quite heavy even for "highly qualified" prospects. But this bill would open U.S. residency possibility to lot more Dominicans. 20 Million pesos is not that much money for many Dominicans, or other Latinos that own businesses ...
A House for A Visa
Bill Would Give U.S. Visas to Foreign Home Buyers - WSJ.com
If this bill passes, I see a lot of rich Dominicans, Venezuelans, Colombians, etc. going after this... what do you think? I know that nowadays rich Latin people ? la Cisneros, Slim, (including Dominicans) Rainieri, Viccini etc. have no problems getting tourist visa. But residency visa is more difficult and complicated to obtain, you have to "mingle" within one of the available categories (business, family, investment) and usually the paperwork is quite heavy even for "highly qualified" prospects. But this bill would open U.S. residency possibility to lot more Dominicans. 20 Million pesos is not that much money for many Dominicans, or other Latinos that own businesses ...
A House for A Visa
Bill Would Give U.S. Visas to Foreign Home Buyers - WSJ.com