By continuing you agree to eChinacities's Privacy Policy .
Sign up with Google Sign up with FacebookQ: what is your opinion about the EB 5 the US has in place? good or bad?
The Chinese lady I been communicating with mentioned investing in property houses in the US and not depending on the Chinese economy or trust that it will last for very long [I think she is seeing the writing on the wall] She mentioned she might be leaving china with her assets and investing in the US not china and moving to the US on a EB 5 visa this year She has recently bought a house in the NY area as a investment and wants me to help her with investing as her English is good but she isn't familiar with my country very well. Yes, I can now hear the sarcastic skeptical negative replies and doubts here My question is the EB 5 visa a good visa to use in her application and situation? For what I know about a EB 5 visa its to create a certain number of jobs help the economy and bring money back as a investment to the US from a wealthy foreigner So is a EB5 a good or bad thing the US government is using? What are your thoughts?
7 years 11 weeks ago in Visa & Legalities - China
She wants your help investing the money? Give it up already.
cub:
englteached she knows i have no experience in investing money so no, your claim is empty. Maybe she needs help in some english so im to help her get better at english? maybe
I don't know much about it but I think Canada had a similar visa which they shut down because it was being abused.
Rich people were showing up but instead of starting a business and employing people, they were just buying up real estate. There were also questions about where their money came from.
If the U.S has that visa in place I reckon they'd be quite strict about ensuring the people are actually doing what they're supposed to and creating jobs. Your friend would probably need to show she has a credible business plan to get the visa.
cub:
Stiggs, i think she has been investing in the US about a year and she seems to know what she is doing as in how to legally do everything by the book and how the process works. And yes, abuse of the system can happen and has happened before here also but the government is strict to make sure this type of visa isnt wasted or abused. Not long ago a asian man was caught of lying and fraud by the government using/abusing his EB 5 visa. A good US citizen even a foriegn person who is wealthy or not if they contribute to american society as in creating jobs helping others and wealth using thier time money skills is what makes America better they are doing thier part as all citizens should do but just in a different way.
She wants your help investing the money? Give it up already.
cub:
englteached she knows i have no experience in investing money so no, your claim is empty. Maybe she needs help in some english so im to help her get better at english? maybe