San Francisco Immigration Law Firm: How to Retire in the U.S.

A number of countries around the world offer retirement visas: an opportunity for foreigners to come to a country legally to live out their golden years, spend their retirement money, and enjoy their life of leisure abroad. However, even though more and more countries have added a retirement visa option in recent years, the United States does not have a “Silver Card” for seniors that want to spend their senior years living the American Dream. 

 

The advantages of creating a retirement visa in the United States

 

Many people, including real estate agents and lawmakers, believe that a silver card would be a great addition to the American visa program – both for our country and for seniors from other countries. Those who could prove that they have a pension to live from and other simple qualifications could move to retirement communities in Florida, California, and other regions – while the United States economy could benefit from seniors who spend money and buy property but don’t need U.S. jobs. 

 

Especially with a weak job market and a weak housing market, a retirement visa would help the struggling real estate market without adding citizens who need full-time employment. 

 

Will the United States ever get a silver card for retirees? 

 

Although many hope for a revival of a retirement visa proposal each time a new administration enters office, seeing a silver card or retirement visa any time soon isn’t likely. As Republicans and Democrats argue over how to get more skilled worker immigrants into the country – workers who are vital to our economy and our development – the attention is draw away from those foreigners who want to retire here quietly. The only hope is that lawmakers realize that well-off retirees from other countries could also help boost our economy and help our recovery. 

 

Alternatives to a U.S. retirement visa

 

The absence of an official retirement visa doesn’t stop wealthy foreigners from finding a way to spend their best years on American soil. Many are turning to the EB-5 investment visa as a way to gain permanent residency and secure a green card, all while investing part of their retirement money in a project in the United States. 

 

If you would like to explore the idea of retiring in the United States through the EB-5 investment visa, we invite you to schedule a meeting with an attorney at our San Francisco immigration law firm. Call us today to get started. 

Vaughan de Kirby
California Immigration Attorney

EB-5 Regional Center Program Ends 12/08/17

Congress has extended the current Regional Center program to December 8th, 2017, at which time it will sunset unless extended. We anticipate future legislation that will call for an increased investment amount and more stringent requirements. For this reason, we recommend to our clients that they take action under the current law if at all possible.

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