To fuel this demand, the proposed measure would offer visas to any foreigner making a cash investment of at least $500,000 on residential real-estate—a single-family house, condo or townhouse. Applicants can spend the entire amount on one house or spend as little as $250,000 on a residence and invest the rest in other residential real estate, which can be rented out.
http://online.wsj.com/article/SB10001424052970203752604576641421449460968.html?mod=googlenews_wsj
Comments(0)