Post Reply 
I Just got EU Citizenship, Independent income...
Author Message
iknowexactly Offline
International Playboy
******
Gold Member

Posts: 5,420
Joined: Sep 2010
Reputation: 102
Post: #26
RE: I Just got EU Citizenship, Independent income...
(06-29-2011 02:03 AM)K-man Wrote:  But let's not hijack the thread, which was about dual EU/US passports. This is just a side warning to those looking to make quick bucks on the stock market.

K-Man is right, there is a famous quote that goes something like "Nothing can save the investor who is determined to get rich quickly"

I lost quite a bit of money learning to trade before I even started to break even.
06-29-2011 08:12 AM
Find all posts by this user Like Post Quote this message in a reply
Sonsowey Offline
International Playboy
******
Gold Member

Posts: 3,303
Joined: May 2010
Reputation: 52
Post: #27
RE: I Just got EU Citizenship, Independent income...
(06-28-2011 11:23 AM)Mr.GM Wrote:  I would love to have an American Green Card in addition to my EU passport , but the problem is that the only way for me to get one...is marrying an American Woman!! eek

Not true, there are other ways
06-29-2011 10:07 AM
Find all posts by this user Like Post Quote this message in a reply
oldnemesis Offline
True Player
*****

Posts: 2,700
Joined: May 2010
Reputation: 27
Post: #28
RE: I Just got EU Citizenship, Independent income...
(06-28-2011 05:15 PM)MiXX Wrote:  A lot of Indians get company sponsorship with an H1-B Visa, and when they get their green cards, they return to India and request more $$$:
1. They now have a US Green Card
2. They have been trained in their technology fields by competent Americans.

This is true, especially here in Silicon Valley. It is definitely not the fastest route, but it is doable, cheap and relatively reliable (especially if you stick to a medium size or large company).

Not sure about "return to India" part though - generally, to keep the Green Card one must live in US for at least six months in a year. There are some workarounds, but none of them is reliable enough to rely upon. So if the dude returns to India, gets a job there and stays there, most likely it will be considered as that he abandoned his residence in US, meaning his Green Card is now toast. Makes no sense.

However if one has a choice, I'd suggest going via L-1 way instead of H1-B. Basically L-1 is issued for intra-company transfer - for example, you work for a company in your country, and get transferred to work for the same company in the US. The advantage over H1-B is that you don't have to pass the labor certification, which is pretty tough now considering the unemployment.

And keep in mind that unless you have advanced degree, it takes a while. Current Visa Bulletin shows that for regular skilled workers they're now processing applications back from 2005, and for India it is 2002(!). So it won't happen overnight.
06-29-2011 03:29 PM
Find all posts by this user Like Post Quote this message in a reply
oldnemesis Offline
True Player
*****

Posts: 2,700
Joined: May 2010
Reputation: 27
Post: #29
RE: I Just got EU Citizenship, Independent income...
(06-29-2011 10:07 AM)Sonsowey Wrote:  Not true, there are other ways

At this moment same sex marriage is not recognized by the Federal government for immigration benefits (this is because INA has a special definition of marriage which is valid for immigration purposes).
06-29-2011 03:31 PM
Find all posts by this user Like Post Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  Bill Would Exempt U.S. Expats From Paying Tax On Overseas Income, plus FBAR & FATCA Tail Gunner 5 685 05-28-2019 10:20 PM
Last Post: paninaro
  Zero income tax places - best choice for game / quality of life Hoo 57 9,477 05-22-2019 09:48 AM
Last Post: Tail Gunner
  Obtain Second Citizenship: Comprehensive Review of Citizenship by Investment Programs Tail Gunner 126 23,929 01-13-2019 05:04 PM
Last Post: Tail Gunner

Forum Jump:


User(s) browsing this thread:

Contact Us | RooshV.com | Return to Top | Return to Content | Mobile Version | RSS Syndication