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Fri, Feb 10 2012
Investment in real estate in US guarantees a green card
The purchase of a piece of property in America, a single-family house, a PUD (planned unit development) or a condo (flat within a condominium) will guarantee you and your family a green card. This is one of the extreme measures implemented to help stall the meteoric fall of the United States economy in light of the economic crisis, Bulgarian weekly Stroitelstvo Gradut reported on January 15.
Thirty-five accredited investors will have the opportunity to acquire real estate in the south-eastern state of Florida - by purchasing a house - they will be granted a green card for permanent residence and right of employment for the buyer himself and his/her entire family.
Additional conditions are that the prospective buyer must have a clean criminal record, a good credit record, the ability to present and prove a decent monthly income, and no outstanding financial obligations or credit liabilities. The purchase itself can be done either with cash, bank transfer or monthly instalments, but the financial resource must be proven legitimate.
The US government has allocated 10 000 such visas nation-wide for potential investors in real esate, under a programme approved by the US Congress. Florida's is the first such programme that has actively been given the green light to commence. Specialists in the field argue that this is the best time to invest and purchase property in America, as prices in some states have been slashed by as much as 25 per cent. Experts argue that within three years' time, however, the market will stabilise and prices will rise.
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Modern real estate building with offices in south-eastern Sofia
Chic real estate complex with offices under construction in Geo Milev, to be completed by the end of 2009.
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Dont believe this story, check out this on yahoo news 22 march,
State with 20% vacancy rate.
Where nearly 20%of homes sit vacant,
and prices are expected to fall 10 to 20% further in the next two years.
if this info in seriously correct, then please let me know thru vittroimuathu99@yahoo.com
i would really appreciate it.
thanks a lot
I am willing to buy property anywhere in the USA in order to get a GreenCard. Please e-mail me to saabreem@gmail.com
It's only a proposal at this stage, it's not real as far as I have heard. I have not heard of 10,000 visas allocated, but that would be a drop in the ocean anyway.
This comment has been removed by the moderator because it contained
Nick is either a lazy journalist or a scamming realtor.
As other posters have said, this is a bastardization of the EB5 program. However, it requires the investment of 0.5M minimally in a business, not that you purchase a house.
In addition there are EB5 projects all over America -- it's not solely a Florida thing!
What a load of crap. Do not give money to people or agents who spout this nonsense. It is absolutely NOT true - you CANNOT obtain a green card by simply buying property. If that was the case, half of the British in Florida would have one - and they definitely don't!
This comment has been removed by the moderator because it contained
What a total lot of nonsense
There is no such visa... Its a mis-interpretation of the EB-5
I do not think this is corrct. Can you please point me to a govern web site outling thsi possibility
I am ready to buy property in florida right now. how do i go about it.
hey, i wanted to know how wil they check your credit if you dont have a ssn number?
And is it true that if you buy a property you will get a green card?
And can your parents or your brother help you with the credit?please let me know.my email is budraul@gmail.com