Immigration Reform Bill Includes New Options For Retirees
Among the many provisions of the 800-page bill, the Senate's immigration reform proposal would help the many vacation home owners and renters hailing from Canada and other countries. The bill creates a new Retiree visa category for individuals over age 55 who buy real estate in the United States worth at least $500,000 and reside in the United States for at least 180 days per year in a home worth at least $250,000. It's a temporary visa category renewable every 3 years. The Senate's immigration reform bill also allows for "Canadian retirees" (defined as individuals over age 55) to be admitted as visitors for up to 240 days per stay, rather than the current 180-day limit per stay, as long as they continue to maintain a residence in Canada. Read the full post...
Monday, April 29, 2013 at 03:32PM
Leigh Cole | Comments Off | 

