January 18, 2022

There are many ways to apply for legal residency status in the US and to get a US green card, the official US government website below will provide you with all updated immigration categories.

https://www.uscis.gov/…/green-card-eligibility-categories

In general, there are 3 main ways to apply for US permanent residence:

  1. Through family,
  2. Through Employment, and
  3. Through Refugee or Asylee status

Therefore, buying a house as an individual in the US and apply for permanent residence is NOT subject to any immigration categories of the US government.

EB-5 Investor immigration program https://www.uscis.gov/…/eb-5-immigrant-investor-program is part of Employment category. EB-5 program currently have the most number of applications with the USCIS. The program is very simple investor only need to invest (for now $500.000 or $1.000.000) to a US entity in order to create 10 full time jobs. This will be the must condition that investor need for their immigration application with USCIS. There is 2 steps of this procedure:

  1. I-526 petition;
  2. Remove condition of I-526 and apply for I-829.

After receving approval of I-526 petition investor usually consider to buy a house for personal use or for an investment. One of the real estate markets currently attracting many foreign investors in the US is Florida. With an amount of about $300.00 – $400,000 investors can buy a newly built house with total area of about 140m2 – 250m2; 3-6 bedrooms, 2-3 bathrooms in Tampa city, the third largest city in the state of Florida.

Buying house or invest in a foreign market is not the same doing it in your local place and sometime it creates more problems then pleasure. In some particular cases people got ban from entry to US because not knowing the laws. Hence, investors should always get a professional consultant from reputable law firms to avoid potential issues of accidentally break the law when apply for a US green card or conducting an investment in the US.

GH

January 18, 2022
January 18, 2022

Although the programme was due to expire on 31st December 2021, but at the last minute, the government decided to extend the programme for a further year. However, the programme as we previously knew it has been amended for 2022 with some tighter rules in place.

Previously, Montenegro’s citizenship by Investment programme required a total minimum investment of €350,000, plus fees. This is divided into two parts, a real estate investment of €250,000 – €450,000, depending on the region, plus an additional government donation of €100,000. The donation requirement has now been increased to €200,000, with the additional €100,000 going to an Innovation Fund. With the new donation requirement of €200,000, plus the real estate requirement, the minimum cost will now start from €450,000, plus fees. Investors must also provide a bank guarantee of at least half of the investment amount to the government within 30 days of initiating the application.

In addition to the above changes, the government also stated that they will not be approving any new real estate projects for the programme, which is great news for the existing developments which still have available units. The current government-approved projects are estimated to be worth a staggering €450 million and should create a minimum of 2,200 new jobs for the country.

A Citizenship by Investment application in Montenegro takes approximately 4-6 months to be processed. Once approved, Montenegro passport holders will gain visa-free travel to 137 countries and territories worldwide. This includes the EU and Schengen Zone, and Russia. Montenegro’s passport value is likely to substantially increase once it is granted EU membership.

Investors who are interested in acquire future EU citizenship with reasonable investment amount can consider this as a golden opportunity for their family.

January 16, 2017

Access to US under E2 treaty visa for Grenada Citizens

One of the very important key points that distinguishes Grenada from other citizenship programmes in the caribbean (Dominica, Antigua, St Kitts Nevis, St Lucia) is Grenada has signed E2 Investor Treaty with the US.

flag-of-Grenada

The E-2 Treaty allows a national of a treaty country to be admitted to the United States (E2 visa) when investing a substantial amount of capital in a U.S. business of their choice. There is no minimum investment limit (it can be as low as $50,000). The business must be real business and does not enforce on having minimum number of employees.

 

The E-2 treaty investor visa is generally a temporary residence permit that allows you to live in the United States as long as you are operating the business. You have to leave the US if the business fails. Some of the examples of business are

  • Large companies who establish manufacturing plants
  • Real estate investors
  • Small businessmen who purchase a franchise or small business
  • Retirees who use the Treaty Investor visa as a means of getting US status so they can retire in America

 

E2 Investor visa is a non-immigrant visa valid for a period of five years and can be renewed with 2 year extensions. Non-immigrant visa means you will not get  green card or citizenship in the US  under E2 status. Family members can qualify for E2 visa as well.

 

This type of visa is great when you want to visit US anytime for business. You must hold Grenada passport to apply for this visa. It can be a joint venture partnership and you are allowed to work for the business you created.

 

E-2 visa holders may stay outside the U.S. for any amount of time, and still re-enter the U.S. with their valid visa. The processing time for E2 visa is 60 days (unlike 12-18 months for EB5)

closeup-of-the-Visa-to-the-United-States-of-America-_-sasimoto-Shutterstock.com_-1024x683

 

E2 investor visa is not to be confused to EB5 investor visa, which requires investment of $500,000 fully gives immigrant status to permanently live in the US. IRS taxes on worldwide income for those who obtained  EB5 status.

 

Here are some differences between EB5 and E2 visas

 EB5 Investor visa E2  Investor Visa
  • Gives immigrant visa status in US
  • US permanent residence or Greencard
  • Path to US citizenship in 6 years
  • Must satisfy residency requirements living in the us
  • Processing time is 12-18 months
  • Requires minimum $500,000 business investment.
  • Must create atleast 10 full time jobs through employment of US citizens
  • Must pay US taxes on worldwide income.
  • Family members qualify
  • Offers Non-immigrant visa status in US
  • No permanent residence or green card
  • No path for US citizenship
  • No residency requirements. Enter and exit US anytime and can stay outside US indefinitely.
  • Processing time is only 60 days
  • No minimum investment ceiling. Investments in business can be as low as $50,000 or less
  • No requirement to employ or create jobs.
  • There are ways to avoid paying US taxes on worldwide income
  • Family members also qualify

 

January 16, 2017
January 16, 2017

Grenadians can apply for enrollment into the E-2 visa program.

The program allows individuals who come from countries that retain business treaties with the U.S. to migrate into the U.S. as investors. The foreigners are allowed to establish businesses in the U.S. so that they can employ skilled Americans and contribute to the U.S. economy.

 

grenada4.11

Through the E-2 visa program, Grenadians can remain in the U.S. as long as they renew their visas and continue to meet the qualifications of the visa program. Those who do not wish to extend their stay in the U.S. can return before the expiry of their visa. There are various steps that should be followed when applying for an E-2 visa in Grenada.

 

You Are To Be Your Own Boss
It is recommended that you first establish an enterprise in the U.S. before applying for the E-2 visa. This is because you should have already invested in the U.S. prior to filing your E-2 visa application.
The best approach as a Grenadian investor is to make escrow payments to a U.S. based bank. You can not declare yourself as an investor if you are not able to show you have sufficient funds under your control.
Attorneys can draft contracts that protect your investment monies. The contracts ensure the investment monies are held in an escrow account. The purchase of the business is not effective until the E-2 visa is provided.

E-2-Visa

The Grenadians Petitioner Has To File An Application and Pay Visa Charges
Any Grenadian citizen that wishes to relocate to the U.S. through the E-2 visa program should first obtain a passport from the relevant government office. An investor can only leave Grenada after their passport has been stamped by the consulate officials at the U.S. embassy in their home country. Moreover, the passport is used to support the nationality of the applicant so it can replace the national identity card.
It is mandatory for all Grenadian visa applicants to fill form Ds-160.The form can be accessed through the consulate’s website which makes it easy to obtain.
Every E-2 applicant in Grenada is required to pay an application fee to have their visa processed. Anyone that has not paid the visa application fee can’t be issued an E-2 visa.

 

The E-2 Project Has To Be Profitable
Every Grenadian who wishes to invest in the U.S. should ensure that their preferred enterprise can create considerable profits. This is because Grenadian investors are required to establish businesses that are sustainable and contribute towards the growth of the U.S.’s economy.
The profits earned by Grenadians investor are usually measured by comparing the financial records and the size of the company in U.S. However, if the enterprise is a startup, the owner has to provide cash flow estimations so that their project can be tested for projected profitability.
Contracts should be written that ensure the investment funds are held in escrow. The purchase of the business can not be completed until the E-2 visa is provided.

 

The Investor Has To Make a Significant Investment
Every Grenadian applicant is supposed to dedicate a substantial amount of money towards the business project in the U.S. For your project to be considered worthy, its value has to be at least $100,000. If it is an acquired business, the consulate officers use the amount that was paid by the Grenadian investor to the previous investor. If it is a startup business, the consulate officers will use the costs estimations contained in the business plan.

 

How to Fund Your E-2 Business
Every Grenadians should declare the source of their investment funds when filing the E-2 visa petition. This is because Grenadian’s can only fund their projects using money that they obtained lawfully. You can sell any of your assets in Grenada including inherited assets but the receipts that are used in the transactions must be enclosed in the petition.
If a Grenadians applicant has sourced their funds from a well paying career in their home country, they must attach the pay slips of up to 5 years to justify the earnings. On the other hand, if the funds are owed to a successful business in Grenada the applicant has to submit tax return reports to verify its legitimacy.

 

Spouse and Children Can Come To U.S.
The Grenadians investor can enjoy being with their family in the U.S. because they are allowed to come as well, when the visa petition is approved. The spouse should be legally united with the Grenadian investor in marriage and their children can only accompany them if they are not older than 21 years of age. Children ages 21 and over will have to apply for independent visas. Aged parents can also visit the Grenadians investor occasionally using a tourist visa.

September 29, 2016

Một xu hướng đang phát triển mạnh

Ngoài việc thu hút công dân tài năng thì ngành định cư và quốc tịch hàng năm còn đem về hàng tỉ đô la cho chính phủ các nước. Nếu trước đây bất động sản là một trong những kênh đầu tư hấp dẫn thì ngày nay đầu tư để có định cư và quốc tịch thông qua các chương trình chính thức của chính phủ đã trở thành một xu thế mới trên toàn thế giới.

The Economist Intelligence Unit đã phân tích vì sao các cá nhân giàu có trên thế giới lại lựa chọn đầu tư để có thêm một quốc tịch. 213 cá nhân được mời tham gia khảo sát, trong đó 84% là có đủ khả năng đầu tư từ 1-5 triệu USD và 14% có khả năng đầu tư từ 6-10 triệu USD vào các chương trình định cư và nhập tịch (10/2015).

Lý do chính được tổng kết là sự linh động trong việc đi lại không cần visa, cơ hội đầu tư kinh doanh, ưu thế về thuế để tăng lợi nhuận kinh doanh. Tiếp theo là lợi ích cho thế hệ trẻ như môi trường học tập, sinh sống và chăm sóc y tế tốt nhất.

December 18, 2015
December 18, 2015
At the market, new growth of sales properties was illustrated in November, in accordance with the new elements that the Land registry announced.

The sales documents that deposited in November have increased by 21% to 446 units comparing to 370 in November 2014.

In October the sales properties increased by 23% annually. Read More

December 13, 2015
December 13, 2015
A double rise at the area of licensed projects was recorded during nine months of the year, in accordance with elements that were published by the Statistical Service, indicating that construction activity growth is expected in the following period. Read More

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