Fellow nairalanders I have always wanted free entry and stay in US. Recently a senior colleague told me that if I purchase a property in US I will get ten year stay. Pls how true is this?

oolumide: Fellow nairalanders I have always wanted free entry and stay in US. Recently a senior colleague told me that if I purchase a property in US I will get ten year stay. Pls how true is this?

It is not true

oolumide: Fellow nairalanders I have always wanted free entry and stay in US. Recently a senior colleague told me that if I purchase a property in US I will get ten year stay. Pls how true is this?

Yes! That Senior Colleague of yours was Right, but it depends on the State in the US and how much the property is Valued at.
You see, different States in the US have their own peculiar laws that pertain to Aliens/Foreigners, for example if a Foreigner Bought a House at Beverly Hills CA, Valued at 500,000$ that Foreigner is to be issued residency by the State and if the Foreigner has an immediate Family, they will be issued Greencards as well. This same law is applicable in Florida and Arizona.
It might also interest you to know that in some states like Utah, if a Foreigner invests over 500,000$ in an American Business that provides more than 10jobs to American citizens, that Foreigner is also given Residency too...
the only downside... 500,000$ is'nt Childs play- America aint Stupid, if a foreigner is rich and can contribute money to thier Economy, of course they'll give him a greencard, bottom Line America welcomes Rich folks-lol.

optimus-prime1:

Yes! That Senior Colleague of yours was Right, but it depends on the State in the US and how much the property is Valued at.
You see, different States in the US have their own peculiar laws that pertain to Aliens/Foreigners, for example if a Foreigner Bought a House at Beverly Hills CA, Valued at 500,000$ that Foreigner is to be issued residency by the State and if the Foreigner has an immediate Family, they will be issued Greencards as well. This same law is applicable in Florida and Arizona.
It might also interest you to know that in some states like Utah, if a Foreigner invests over 500,000$ in an American Business that provides more than 10jobs to American citizens, that Foreigner is also given Residency too...
the only downside... 500,000$ is'nt Childs play- America aint Stupid, if a foreigner is rich and can contribute money to thier Economy, of course they'll give him a greencard, bottom Line America welcomes Rich folks-lol.

your answer is wrong. Purchasing properties in U S has nothing to do with getting green card. Stop misleading people. Moreover, each state doesn't have individual immigration law. Immigration law is unique to the U S govt. alone.

Can an informed persdon shed some light on this cos I am pretty sure, if u invest a certain amount of money in america u can get residency
I defo know if u invest a million pounds into the uk, u qualify for residency

joxiri:
Can an informed persdon shed some light on this cos I am pretty sure, if u invest a certain amount of money in america u can get residency
I defo know if u invest a million pounds into the uk, u qualify for residency

A maximum of 10,000 green-cards are issued each year for investor-entrepreneurs. This means employment-generating businesses - not home or property ownership.

To qualify, a minimum investment of $500,000 is required in a high unemployment area, which will result in ten full-time permanent jobs being provided to American citizens. You obviously also need to factor in the costs of funding the day to day running of the business until it becomes cash positive, as well as taking into account the mandatory costs of employment.

The visa comes with very strict conditions - basically if the business doesn't succeed, they're able to revoke your residency.

geek:

A maximum of 10,000 green-cards are issued each year for investor-entrepreneurs. This means employment-generating businesses - not home or property ownership.

To qualify, a minimum investment of $500,000 is required in a high unemployment area, which will result in ten full-time permanent jobs being provided to American citizens. You obviously also need to factor in the costs of funding the day to day running of the business until it becomes cash positive, as well as taking into account the mandatory costs of employment.

The visa comes with very strict conditions - basically if the business doesn't succeed, they're able to revoke your residency.

Exactly what I was trying to say...

Lucasbalo: your answer is wrong. Purchasing properties in U S has nothing to do with getting green card. Stop misleading people. Moreover, each state doesn't have individual immigration law. Immigration law is unique to the U S govt. alone.

Bro, The best way to get Illuminated is to listen to people who are obviously more informed than you & learn ok?
Dont go off sounding like a Charlatan.
www.usapropertydealer.com/Tax_law-htm
enlighten thyself with the link.

there is something called an EB5 visa which is issued to people who invest $1m into the us economy or $500k in a deprived area.Some immigration lawyers have a product in which the 500k is invested in property developments e.g hotels,malls in these deprived areas and this is used to obtain a green card for an initial 2 year period after which it is extended to ultimately get a passport.A simple google search willprovide all the info needed

optimus-prime1:

Yes! That Senior Colleague of yours was Right, but it depends on the State in the US and how much the property is Valued at.
You see, different States in the US have their own peculiar laws that pertain to Aliens/Foreigners, for example if a Foreigner Bought a House at Beverly Hills CA, Valued at 500,000$ that Foreigner is to be issued residency by the State and if the Foreigner has an immediate Family, they will be issued Greencards as well. This same law is applicable in Florida and Arizona.
It might also interest you to know that in some states like Utah, if a Foreigner invests over 500,000$ in an American Business that provides more than 10jobs to American citizens, that Foreigner is also given Residency too...
the only downside... 500,000$ is'nt Childs play- America aint Stupid, if a foreigner is rich and can contribute money to thier Economy, of course they'll give him a greencard, bottom Line America welcomes Rich folks-lol.

This is 100% false.

optimus-prime1:

Bro, The best way to get Illuminated is to listen to people who are obviously more informed than you & learn ok?
Dont go off sounding like a Charlatan.
www.usapropertydealer.com/Tax_law-htm
enlighten thyself with the link.

stop passing around wrong information.

Lucasbalo: stop passing around wrong information.

since its false, Defend your grounds... I am waiting "Uncle Sam"

I only know of Canada.
Invest 250k or thereabouts and free entry and exit at will.

julioralph: I only know of Canada.
Invest 250k or thereabouts and free entry and exit at will.

Not at all correct.

The Canadian government have ended both the immigrant investor, as well as the federal entrepreneur program's. They've been replaced with a complicated 'start up' visa that requires participation of a Canadian partner.

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This is absolutely true. There are various ways to be legal (GreenCard) in the US- family, job, Investment. Investment could either be setting up a business or owning a property valued at $500k but not Mortgage. I know a few people who did that...

optimusprime2:

Yes! That Senior Colleague of yours was Right, but it depends on the State in the US and how much the property is Valued at.
You see, different States in the US have their own peculiar laws that pertain to Aliens/Foreigners, for example if a Foreigner Bought a House at Beverly Hills CA, Valued at 500,000$ that Foreigner is to be issued residency by the State and if the Foreigner has an immediate Family, they will be issued Greencards as well. This same law is applicable in Florida and Arizona.
It might also interest you to know that in some states like Utah, if a Foreigner invests over 500,000$ in an American Business that provides more than 10jobs to American citizens, that Foreigner is also given Residency too...
the only downside... 500,000$ is'nt Childs play- America aint Stupid, if a foreigner is rich and can contribute money to thier Economy, of course they'll give him a greencard, bottom Line America welcomes Rich folks-lol.