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Immigration

Information for the Foreign Investor...Who should be listed as the buyer on the sales contract?. Non-resident aliens are subject to different U.S. estate and gift tax rules than those applied to U.S. citizens. Call us for the names of advisors.

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What if you want to stay forever? There are various visas available for people who want to live in the United States;

E2 Visa This is the investment visa. The immigrant starts a business or buys an existing business in the U.S. The amount that must be invested has now been increased to $1 million, but if the business is started in an undeveloped area such as certain areas of Central Florida, the amount is halved to $500,000. This visa does not lead to permanent residence.

L1 Visa This visa is for those who already have a business outside of the U.S. The immigrant can be transferred to that business as an intra transfer. This option can lead to permanent residence status (a green card)

H Visa This visa is for those with special skills not possessed by citizens of the U.S. It is renewable for three years.

Visa Lottery This visa is available for immigrants with a high school degree. The age of the person is immaterial.

Extending stay in U.S. requires a B1 or B2 Visa

It’s not difficult to extend the time you can stay in the U.S. as a visitor, according to immigration & tax lawyer Stanley Rose. Recent changes to immigration law made 90 days the default time allowed visitors. Rose, a Southwest Florida tax lawyer says that visitors from visa waiver countries such as Great Britain and Ireland, can go to the U.S. Embassy and obtain a B2 visa that will allow the immigration officer to extend that amount of time to 180 days. For further information on this subject, please visit Rose's website, or email him at SRose@RoseTaxLaw.com

There are many other types of visa available, according to Ricardo Skerrett, Attorney-at-Law, Immigration Practitioner. You will find an extensive list of these visas on Attorney Ricardo Skerrett's website , a bi-lingual source of information and articles about immigration and citizenship. 

 

Pages updated 12/4/2008