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ReindeerF
Apr 20, 2002

Rubber Dinghy Rapids Bro


computer parts posted:

Yeah, but it's not as permissive as "buy a house, get permanant residency". The point in any case was that most of the US's immigration problems would remain unsolved if you only focused on rich immigration.
It is pretty much exactly that permissive. It's why the mainland Chinese are buying in droves. I mean if you want to quibble over the massively important distinction between de facto permanent residency and official permanent residency, go ahead, but they get a green card for the duration of their investment.

I live a life where I have de facto permanent residency and not official and it's negligible. There are restrictions, but there are always restrictions everywhere. You can own and work in a business in Thailand, but you have to have 2MM in registered capital and four Thai employees (if you're not married). Whatever the restrictions, you still own and work in a business if you meet them. If I close my business or change companies, guess what? I have to find a new way to stay.

However, if I were on the investment visa program, which exists, it's simple. You stick the money in, get it registered and you're done. If you're a Chinese factory boss worth 500MM dollars, then it's not even scarcely an issue.

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