These bi-partisan clowns in Washington just don't get anything right. If you are going to invite foreigners to purchase a home for over five hundred thousand dollars and are offering them a visa, why not a work permit? The visa snd permit could be tied to the length of ownership and not an arbitrary three years. After all, isn't the idea to clear vacant houses and heaven forbid create some jobs.
WASHINGTON (MarketWatch) -- Two senators are preparing to roll out a bill that would give residence visas to foreigners that spend at least $500,000 to buy homes in the U.S. The bill, to be introduced Thursday by Utah Republican Mike Lee and New York Democrat Charles Schumer, would grant a three-year residence visa but wouldn't authorize the resident to work in the United States. The measure is part of a broader immigration package to be introduced by the two senators.