green card for those who invest $200k in housing,specially for those from india & china
2007-08-11 06:55:12 · 5 answers · asked by venkataramanan t 2 in Business & Finance ➔ Renting & Real Estate
as to why would someone want to invest into a down housing market is beyond my comprehension, probably to bail the speculators who didnt do well because they didnt do their research and bought bad deals.
2007-08-11 07:05:34 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Actually, virtually anyone can "buy" a green card and bypass the quotas and waiting lists if they make a "significant investment" in the US. $200k may not be quite enough, but $1 million certainly would.
2007-08-11 13:59:38 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋
Many foreigners have bought residential and commercial property in the U.S.
They travel about easily on their passports and visas .
I doubt that those with that much $$$$ are sweating a green card .
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2007-08-11 14:06:08 · answer #3 · answered by kate 7 · 0⤊ 0⤋
It wouldn't improve the housing market because its not the Buyers and Sellers that are creating the problem.
2007-08-11 13:59:06 · answer #4 · answered by Anonymous · 1⤊ 0⤋
THE HOUSING SLUMP IS NOT BAD, JUST A REACTION TO A MUCH INFLATED MARKET
2007-08-11 15:03:13 · answer #5 · answered by Bettee62 6 · 0⤊ 0⤋