Investing 500k?

Facebook / Eng shortguy
Jun 24 41 Comments

New grad starting at FB soon. Will be receiving 500k back from EB5 investment for green card in a year or two.

How should I invest this? Any suggestions on what I should look into?

Have about another 130k in Vanguard ETFs in Robinhood.

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TOP 41 Comments
  • Facebook lnstagram
    Why do you receive 500k back?
    Jun 24 17
    • Motorola / Eng ffTx04
      What is your country?
      Jun 24
    • Facebook / Eng shortguy
      OP
      It's an East Asian country. I went to high school & college in States.
      Jun 24
    • Motorola / Eng ffTx04
      I'm from Eastern Europe. TC here is low too
      Jun 24
    • Goldman Sachs fake engineer
      Yea investor Visa is different from places that let you just buy citizenship like Canada used to until recently.
      Jun 24
    • Google / Eng moneyfirst
      How were these 500k invested during lock up period? What return rate?
      Jun 24
  • Accenture iuyrdhjf
    how are you receiving 500K? don't you have to spend all that money and create 10 full time jobs in 2years? details please
    Jun 24 8
    • Accenture iuyrdhjf
      which country are you from btw?

      this is so cool! i didn't know about the "2nd way"

      and after 5 years you get your citizenship?
      Jun 24
    • Facebook / Eng shortguy
      OP
      I'm from an east asian country with not many EB5 applicants. I prefer not to disclose the exact country. Thanks.
      Jun 24
    • New / Eng PQQw63
      Vietnam?
      Jun 24
    • Accenture iuyrdhjf
      all good man! btw for investments. i suggest rental properties.

      also why not invest it in home country? you seem to have a family business that's doing well to be able to afford 500K
      Jun 24
    • Facebook / Eng shortguy
      OP
      There's a lot of rules regarding transferring money to & from a foreign nation as a permanent resident, and I'll be owing international taxes on returns (taxed both in my home country & in States). I'd prefer to keep it simple for now
      Jun 24
  • Motorola / Eng ffTx04
    By cheap appartments and rent them out.
    Jun 24 1
    • Facebook / Eng shortguy
      OP
      I don't think I know enough about real estate, but thanks for the suggestion. I'll learn more about this market.
      Jun 24
  • eBay / Product blitzer
    You have to wait 5 years before you are eligible to apply for citizenship after GC. I’d research or talk to an immigration lawyer to see if there is any fine print or repercussions if you withdraw your 500k EB5 investment before getting your citizenship.
    Jun 24 1
    • Facebook / Eng shortguy
      OP
      Yes. The plan has been discussed with a lawyer. Thank you for the warning.
      Jun 24
  • Google NSFW4
    How the F did y'all have just 500k laying around for eb5?
    Jun 24 1
    • Facebook / Eng shortguy
      OP
      Won the birth lottery -- born under parents who worked hard to accumulate wealth and supports my decision to live in the states.
      Jun 24
  • Microsoft
    temp_

    Microsoft

    PRE
    Amazon
    temp_more
    How does real estate investments work here? You're not creating any jobs through real estate.
    Jun 24 1
    • Microsoft kebabs
      That’s different stream of consciousness than EB-5
      Jun 24
  • Akuna Capital / R&D 3-SAT
    If you're comfortable with robinhood, just buy more VOO / VT.
    Otherwise open a new account on Vanguard / Fidelity and buy the equivalent mutual funds.
    Jun 24 1
    • Facebook / Eng shortguy
      OP
      Great suggestion. Ideally I'd be banking on a long term investment as my retirement fund.
      Jun 24
  • Pure Storage pureety
    Soooooo you dont need to return it to the parents? It was a gift?
    Jun 24 1
    • Facebook / Eng shortguy
      OP
      Yes. They are also planning to immigrate to the US once I get my citizenship as the inheritance tax in my country is very high.
      Jun 24
  • LinkedIn bokchok1
    +1 to ^^
    Jun 24 1
    • Cadence / Product
      BayBabe

      Cadence Product

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      BayBabemore
      Which areas?
      Jun 24