VISIT USA Act Will Give Foreign Investors in Florida Real Estate a US Visa With $500K+ Purchase

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Florida should become even more alluring to foreign investors and international real estate buyers if the United States Congress passes the proposed “Visa Improvements to Stimulate International Tourism to the United States of America Act” (VISIT USA Act).

You can follow the legislation's progress online here.

What is the VISIT USA Act?

In October 2011, Senator Charles Schumer (D-NY) and Mike Lee (R-Utah) worked together to put together a bill that if it becomes law will grant foreigners to the United States visas if they spend at least $500,000 on residential housing in this country.

That's right: buy $500,000 or more in residential real estate in the United States, and you will automatically get a U.S. Visa - if the VISIT USA Act becomes law.

Please see full article below for more information.

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Published In: Administrative Agency Updates, Finance & Banking Updates, Immigration Updates, International Trade Updates, Residential Real Estate Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Rosa Eckstein Schechter, Eckstein Schechter Law | Attorney Advertising

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