Do EB-5 investor visas work well in practice for those looking to start a business in the US? Looking at the rules it would appear to be straightforward as long as you have the capital -invest $1.8M and employ 10 people. It there a catch other than the amount of the investment that makes it hard in practice?
I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
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Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#222Which country's PR would you recommend for a looking-to-exit-Canadian looking to a) pay less tax (53% income rate is too high!) & b) face less investing regulation (e.g. Ontario banning access to certain crypto exchanges)? Is there a popular one these days? e.g. paraguay
Just out of curiosity, how do you end up with a 53% income tax rate?
Federal: 33% of taxable income over $216,511
Provincial: 20.5% on the amount over $222,420 (max, BC)
Obviously the average rate will be far less than the marginal rate.
https://www.canada.ca/en/revenue-agency/services/tax/individ...
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#2231. Does your account let you see comments made by new accounts in which the comment might not be approved by moderators yet? 2. How often do you create a thread like this? What is the schedule that you follow when creating this thread
These are questions for us, not for Peter. The answers are:
1. No.
2. There's no fixed schedule.
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#224Hi Peter! I currently have work authorization through DACA and I also have a legal entry. I'm curious if you recommend trying to get h1b or stick with my current status. I do want to find a path to secure a green card but unsure if staying with DACA is my best option.
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#2251. Does your account let you see comments made by new accounts in which the comment might not be approved by moderators yet? 2. How often do you create a thread like this? What is the schedule that you follow when creating this thread
These are questions for us, not for Peter. The answers are: 1. No. 2. There's no fixed schedule.
1. Can you approve and make these 5 comments visible to Peter and the community:
https://news.ycombinator.com/item?id=29203081
https://news.ycombinator.com/item?id=29203269
https://news.ycombinator.com/item?id=29203387
https://news.ycombinator.com/item?id=29203454
https://news.ycombinator.com/item?id=29203998
1. My account lets me see comments made by new accounts, green, and those comments have 0 minutes ago as the time. Does it mean that those comments were approved in the same minute as the submit and then appeared for everyone?
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#226As a technically skilled American I found it was far easier and cheaper to get into Canada on a spousal visa than the other way around (by the time we decided to move to be together we already had a lot of proof of relationship established so the overseas spontaneous union seemed unlikely to fly). Has it become any easier to bring in foreign spouses in the past twenty years or does it remain easier to go the other wa…
For foreign national spouses already in the US, the green card process really isn't bad and seems to be getting better. The problems are with sponsoring a spouse who is outside the US. That process - the NVC/immigrant visa process - is a mess right now and very slow.
Thanks for the reply! Yes, my spouse has no prior immigration status (except being a former green card recipient). That's about how it was two decades ago as well.
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#227Hi Peter! I currently have work authorization through DACA and I also have a legal entry. I'm curious if you recommend trying to get h1b or stick with my current status. I do want to find a path to secure a green card but unsure if staying with DACA is my best option.
If you gained legal entry in the first place, how did you get DACA after the legal entry?
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#228Hi, thanks for doing this. Does having a special international tier status visa like a tier1 visa in the UK followed by a British Citizenship, help with getting an O1 visa in the US? Tier1 visa is pretty much the the UK equivalent of the O1 with a pretty comprehensive proof process.
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#229Hi Peter! I currently have work authorization through DACA and I also have a legal entry. I'm curious if you recommend trying to get h1b or stick with my current status. I do want to find a path to secure a green card but unsure if staying with DACA is my best option.
If you gained legal entry in the first place, how did you get DACA after the legal entry?
No it's the other way around. First I was granted DACA then I did advance parole and obtained a legal entry.
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#230As a self-employed Canadian I recently interviewed with a startup based in the U.S and received an offer. I'd be invoicing them, and they'd be paying a fixed monthly rate into my corporate account. They rescinded their offer, citing what I think is just a scapegoat, which was they they spike to their lawyer and concluded that the nature of the relationship was too close to employment, and would leave them liable under Canadian employment law. I say this was probably a scapegoat, because they were inflexible on arranging any other form of agreement, and it came suspiciously after I asked about how to bill for time off. Have you ever encountered anything like this, and is it really a concern I should consider in the future? They also didn't have an entity in Canada, and it would have purely been a contractual arrangement at the outset.