Real Estate in Northeast Florida and Around the World

Silver Visa - Inviting People to Come Spend Money
June 24th, 2009 9:50 AM

There is an effort underway sponsored by the National Association of Realtors, to create a new Visa class - nicknamed the "Silver Visa".  This Visa would allow retired immigrants from other nations, to purchase a retirement home and live in the United States on a permanent basis - much like the Permanent Resident Alien status now in existence.  What is the difference?

Well, to obtain a Silver Visa, the immigrant would first have to purchase a residence in which they would live - not rent - they must own.  In addition, they would have to demonstrate that they have an income sufficient to live in the United States, would not be allowed to work in the U. S., and would be required to have health insurance sufficient to take care of their retirement health care needs.  In other words - they will take nothing from U. S. taxpayers, but will contribute greatly to the U. S. economy - buy purchasing real estate, paying property taxes, buying goods and services in the U. S., etc.  Thorough background checks would be done to ensure those coming into the country are well-intentioned - as most are. 

Every 15 seconds a "baby boomer" retires around the world - not just in the U. S.   And these "boomers" are well-heeled and well-funded, and are just looking for a comfortable, safe place, with a moderate climate to spend their last few years and oh yes, their money.  Why not here in the United States, where it is the safest place to invest in the world?

If you agree with this concept, please write or call your state and federal representation in the Legislative agencies, and ask them to support this effort.

See ya around the neighborhood!


Posted by Missi Howell on June 24th, 2009 9:50 AMPost a Comment (0)

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Missi Howell, CIPS, GRI, Realtor Watson Realty Corp. 615 Highway A1A, Ste 200 Ponte Vedra Beach, FL 32082
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