$500K minimum? Anything to breathe life into the higher segment of the US real estate market ;)
Kidding aside, are they also going to retro-actively award visas to all those that already own their own homes and do not currently have their paperwork in order? That would be a very quick way to solve another issue that was on the front page earlier today.
“Applicants can spend the entire amount on one house or spend as little as $250,000 on a residence and invest the rest in other residential real estate, which can be rented out,” the paper added.
Kidding aside, are they also going to retro-actively award visas to all those that already own their own homes and do not currently have their paperwork in order? That would be a very quick way to solve another issue that was on the front page earlier today.
$500K is a bit stiff as a lower limit.