US Investor Green Card : Business Ideas ?


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Fido   
Member since: Aug 06
Posts: 5286
Location: Canada

Post ID: #PID Posted on: 21-07-15 11:16:21

Hi CDs

EB5 is an investor category immigration to the US where in you & your family are given a Green Card in 2 years if

1. You can invest $500K in a high unemployment area ( $1m in regular area).
2. Can create 10 full time employees over 2 years.

Going deeper , the business one should start should have the following .

a. Low capital investment in machinery and Fixed assets (excluding building /property)
b. Minimum wages worker which means unskilled industry.

Some viable business which come to my mind are -
Cleaning service
Laundry
Security agency
Seniors home .. Buy the property , hire service staff / nurses and get the seniors to stay.


Any other Business Ideas keeping the above factors (a & b) in mind.


OR as another friend suggested - since it may be difficult to run a successful business in a high unemployment area , wait for some more time (save $1m) and start a cleaning service in Vegas ..
:confused:


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Fido.


Fido   
Member since: Aug 06
Posts: 5286
Location: Canada

Post ID: #PID Posted on: 22-07-15 10:43:48

71 views and not a single response :(

Appears either CDs are not interested in going South or the investor category is not a popular route ...

Or maybe the post was bigger than it should have been ... Have edited the title and the post now so as to seek only business/investment ideas .


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Fido.


dimple2001   
Member since: Apr 04
Posts: 2873
Location: Western Hemisphere

Post ID: #PID Posted on: 22-07-15 11:11:00

Quote:
Originally posted by Fido

Appears either CDs are not interested in going South or the investor category is not a popular route ...




Probably the latter.


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Dimple2001


rajcanada   
Member since: Jul 03
Posts: 2713
Location: Kitchener, ON

Post ID: #PID Posted on: 22-07-15 11:14:11

Creating 10 full-time jobs is a tall order. I personally think $500K is not enough of an investment for that even though you get 2 years to achieve the target.

I think you know there are only handful of people on CD who are into any kind of business even in Canada.


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Give free food http://www.thehungersite.com ||


rajcanada   
Member since: Jul 03
Posts: 2713
Location: Kitchener, ON

Post ID: #PID Posted on: 22-07-15 11:28:20

Though I am not 100% sure but I think 10 new full-time jobs have to be created. So if you buy an existing business, then the business has to expand so that 10 new full-time jobs are created within next two years.


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Give free food http://www.thehungersite.com ||


hchheda   
Member since: Aug 05
Posts: 2245
Location: Woodbridge

Post ID: #PID Posted on: 22-07-15 11:32:02

Quote:
Originally posted by dimple2001

Quote:
Originally posted by Fido

Appears either CDs are not interested in going South or the investor category is not a popular route ...




Probably the latter.



Or anyone who has experience in this is already enjoying/slogging away in the USA.
It is a pretty specific skill/topic.

Good luck Fido.



Fido   
Member since: Aug 06
Posts: 5286
Location: Canada

Post ID: #PID Posted on: 22-07-15 11:52:13

Thanks for the responses Folks and yes I do agree its a very specific area and not commonly / generally pursued ...

Would your response be any different if the same q was asked with respect to Canada -

Which business need unskilled labor and low capital investment (excluding land and building) ? ....

(Or as RajC says there are few business owners on CD and I do agree with that as well .. BTW RajC you are correct in your assumption of new jobs )


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Fido.



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