Settling Our Sights- The United States And Canadian Investor Visa Programs.pdf

Robert-C.-Groven_-Settling-Our-Sights-The-United-States-and-Canadian-Investor-Visa-Programs.pdf
Preview of Settling Our Sights- The United States and Canadian Investor Visa Programs
🔗 Source: minnjil.org
📊 Size: 1.86 MB
📄 Pages: 35 pages
⬇️ Downloads: 67

Summary

The US Investor Visa (IV) program, created by the Immigration Act of 1990, allows foreign investors to gain permanent residence in the US by investing between $500,000 and $3,000,000 and creating at least 10 jobs. Despite being modeled after successful Canadian and Australian programs, the US IV program has been deemed a "washout." The program's failure is attributed to various factors, including ineffective implementation by the Immigration and Naturalization Service (INS), unrealistic expectations set by Congress, and the Internal Revenue Service's (IRS) policy of taxing US residents on their worldwide income. A comparison with the Canadian program reveals significant differences in history, structure, and performance, suggesting that the US program can be improved through legislative or regulatory changes that parallel the Canadian program while preserving the US program's flexible elements.

Description

The US Investor Visa (IV) program, created by the Immigration Act of 1990, allows foreign investors to gain permanent residence in the US by investing between...

Technical Information

  • File Format: PDF
  • File Size: 1.86 MB
  • Pages: 35
  • Language: EN
  • Total Downloads: 67
  • Last Updated: 3 months ago

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