Buy $500K worth of homes, and you can be a legal US resident
(NEWSER) - Are you a wealthy would-be immigrant with a penchant for real estate? Well, then have Chuck Schumer and Mike Lee got a deal for you. The Democrat and Republican senators have introduced a bipartisan bill that would grant a visa to foreigners who buy at least $500,000 worth of residential real estate, the Wall Street Journal reports. The investment could be broken up over multiple houses or condos, but each must cost at least $250,000. More»