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Updated over 3 years ago on . Most recent reply

User Stats

315
Posts
145
Votes
Huong Luu
  • Specialist
  • Vancouver, BC
145
Votes |
315
Posts

Getting US citizenship through RE

Huong Luu
  • Specialist
  • Vancouver, BC
Posted

Hi BP family

I was recently approached to invest in the US so I could get a US citizenship through the EB5/E2 visa process. Has any one done this? What benefits and shortfall are there in doing this? Being Canadian and not really planning on working in the US, not sure this would be worth it due to the cost to set this up and the continued double taxation. 

Thanks in advance.

Most Popular Reply

User Stats

173
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77
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Giuseppe Pavone
  • Specialist
  • Orlando, FL
77
Votes |
173
Posts
Giuseppe Pavone
  • Specialist
  • Orlando, FL
Replied

@Huong Luu I moved down to Orlando from Ontario 3 years ago on an E2 Visa.  Like @Chad U. said it doesn't lead to citizenship but you can renew indefinitely.  You must be running an active business though, so I purchased a HomeVestors franchise.  EB5 was also an option but much more costly... however I believe it does get you a green card.  

  • Giuseppe Pavone
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