My spouse and I are planning to pitch in 250k. (Down by 90% savings) Parents are sponsoring the rest of it. We are in our early twenties. Money is probably locked in for the next 5-8 years. Should we pull the trigger? We are young and we’ll need the peace later right?
It depends on what you want. Does a GC matter that much to you? Are you in the U.S. to make money, or is there something else you want? Under the new rule, you need to invest a minimum 800K in rural or high unemployment area with financial and immigration risks. The green card you get is temporary and only valid for two years. It takes another 5 years to adjudicate that ** only if the business continue to create that many jobs for ALL investors **. Are you okay with that risks?
USA isn't worth it, why are you so desperate?
Ugh, only to be laid off and having to leetcode? I'd take the $1mil, invest well, save up another .5mil for few years and GTFO. Plan for cities that you can live in and retire and raise a family if you want to instead of slaving away here.
Enlighten me on the investment part
Want to do it too. How much is the total required? There are like two streams.
Currently I'm doing this : I've a Canada visitor visa. Whenever I get laid off, I drive a uhaul to storage. Then take a flight to Canada. Interview, then comeback to US. Drive uhaul from storage to the new rental apartment. Don't know if I want to invest the million $ yet.
Oh and I have a bunch of other visas stamped just in case. most of Europe , Indonesia, Singapore, Japan all covered. I just renew the visa when it expires. I spend like 500$ every 5 years or so for the visas.
It isn't just about the money, you need to show revenue, have a credible idea and safe guard your capital.
Similar situation. What regional centre are you planning for ?
This is a complete waste of money IMO. If your Nw is 10M ++ then it makes sense. Else no
You ll end up working till you die
On the contrary, it will give me more financial freedom to pursue multiple incomes
Do you know that by definition EB5 money is AT RISK Meaning if the project decamps with your money and defrauds you, there is no recourse.
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Also anyone who has done it recently would love to brainstorm
DM me. I can tell you it's a waste of money if you're already in the US.
Waste of money. Put somewhere else