US Investor Green Card : Business Ideas ?


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JRF   
Member since: Jul 04
Posts: 1853
Location: GTA, Ontario

Post ID: #PID Posted on: 22-07-15 11:59:09

Fido,
If the objective is green card, I will follow a different strategy that is less riskier (for me).



Quote:
Originally posted by Fido

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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The cowards never started,
The weak died on the way,
Only the strong arrived.
http://www.youtube.com/watch?v=_yK1i9cLAMM


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

Post ID: #PID Posted on: 22-07-15 12:04:58

It is 8 years vs 2 years JRF ... at 40+ , 6 years mean a lot to me :) ... though I do agree a life till now savings may be a big gamble .

Anyways , I am just juggling and validating this theory with CDs... it may turn out to be a no go in the end !!

Looking for business ideas as of now ..


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Fido.


lemon925   
Member since: May 15
Posts: 202
Location: Toronto

Post ID: #PID Posted on: 22-07-15 12:23:50

Quote:
Originally posted by Fido

It is 8 years vs 2 years JRF ... at 40+ , 6 years mean a lot to me :) ... though I do agree a life till now savings may be a big gamble .



Could you please elaborate little more..

what is this 8 year option.

Thanks,



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

Post ID: #PID Posted on: 22-07-15 12:28:00

I believe JRF was referring to the H1B route which has a GC waiting period of approx 8 years for EB2.


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Fido.


happywoman36   
Member since: Oct 13
Posts: 1645
Location: Toronto

Post ID: #PID Posted on: 22-07-15 12:34:38

I myself was looking to apply for EB 5 visa. Somebdy mentioned if u hv 100k n can convince embassy of ur business proposal then, I might get visa. I wanna invest in a motel (outright purchase /franchise). It's better to land in USA and tke decision aftr staying for 6-8 mnths. Second business could be real estate or property investment but cannot manage properties till u hv proper visa. Third business could be gas station but investment is high here. I hv a friend who has 2 gas station in Atlanta. 3-4 partners can come together n invest. Even Baskin robins franchise is good business.



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Revenge can be bitter sweet, but if u sit back and watch, KARMA can be pure entertainment.:)


adamthorat   
Member since: Aug 11
Posts: 1041
Location:

Post ID: #PID Posted on: 22-07-15 12:46:51

US GC is a joke .

You will get taxed on your world wide income & investments & reveal ALL bank accounts, once you have a US GC or US Citizenship..irrespective of whether you live in US again or not & don't earn a penny in US.

Canadian taxation is based on RESIDENCY . US taxation is based on CITIZENSHIP/GC status.

So unless you give up your US GC or Citizenship , the US IRS ( CRA of US ) will keep on hounding you to file a return & pay taxes irrespective of where in the world you live & earn.



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

Post ID: #PID Posted on: 22-07-15 12:51:57

Quote:
Originally posted by happywoman36

I myself was looking to apply for EB 5 visa. Somebdy mentioned if u hv 100k n can convince embassy of ur business proposal then, I might get visa. I wanna invest in a motel (outright purchase /franchise). It's better to land in USA and tke decision aftr staying for 6-8 mnths. Second business could be real estate or property investment but cannot manage properties till u hv proper visa. Third business could be gas station but investment is high here. I hv a friend who has 2 gas station in Atlanta. 3-4 partners can come together n invest. Even Baskin robins franchise is good business.





E2 is the business visa , in which a lower investment is accepted and is relatively easier to obtain for Canadians. 3 years renewable . Investment can be lower as much as $100K.

http://www.canadiansinusa.com/Investing-in-the-US/e-2-visas.html

EB5 - the minimum is $500K . And it cannot be loaned ..plus a trace back should be available to avoid any money laundering possibilities.


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Fido.



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