For those immigrating to the U.S., stay updated on the latest living information: In 2015, the median annual household income in the U.S. was $52,250. According to a recent report released by a U.S. mortgage rate information website, 15 major U.S. cities face the highest homebuying pressure. Below are the median home prices, required monthly mortgage payments (30-year fixed rate), and minimum annual salary requirements for these 15 cities, provided for the reference of new U.S. immigrants:
1. San Francisco, California
Population: 777,660
Median Home Price: $781,600 (USD, same below)
Monthly Mortgage: $3,453
Minimum Annual Salary: $148,000
2. San Diego, California
Population: 1,284,347
Median Home Price: $546,800
Monthly Mortgage: $2,407
Minimum Annual Salary: $103,000
3. Los Angeles, California
Population: 3,794,640
Median Home Price: $481,900
Monthly Mortgage: $2,217
Minimum Annual Salary: $95,000
4. New York, New York
Population: 8,213,839
Median Home Price: $384,600
Monthly Mortgage: $2,024
Minimum Annual Salary: $87,000
5. Boston, Massachusetts
Population: 645,966
Median Home Price: $393,600
Monthly Mortgage: $1,940
Minimum Annual Salary: $83,000
6. Washington, District of Columbia
Population: 582,049
Median Home Price: $371,600
Monthly Mortgage: $1,834
Minimum Annual Salary: $78,500
7. Seattle, Washington
Population: 652,405
Median Home Price: $385,300
Monthly Mortgage: $1,829
Minimum Annual Salary: $78,500
8. Denver, Colorado
Population: 649,495
Median Home Price: $353,500
Monthly Mortgage: $1,596
Minimum Annual Salary: $68,500
9. Portland, Oregon
Population: 609,456
Median Home Price: $318,300
Monthly Mortgage: $1,538
Minimum Annual Salary: $66,000
10. Miami, Florida
Population: 417,650
Median Home Price: $286,000
Monthly Mortgage: $1,471
Minimum Annual Salary: $63,000
11. Sacramento, California
Population: 479,686
Median Home Price: $294,100
Monthly Mortgage: $1,450
Minimum Annual Salary: $62,000
12. Chicago, Illinois
Population: 2,824,584
Median Home Price: $209,800
Monthly Mortgage: $1,352
Minimum Annual Salary: $58,000
13. Baltimore, Maryland
Population: 640,064
Median Home Price: $233,500
Monthly Mortgage: $1,233
Minimum Annual Salary: $53,000
14. Houston, Texas
Population: 2,076,189
Median Home Price: $209,200
Monthly Mortgage: $1,217
Minimum Annual Salary: $52,000
15. Dallas, Texas
Population: 2,518,638
Median Home Price: $206,200
Monthly Mortgage: $1,208
Minimum Annual Salary: $52,000
In early 2016, WorldWay Group introduced the concept of the "Year of Asset Allocation." Chinese investors are entering a golden age for overseas investment. EB-5 investment immigration not only allows for obtaining a U.S. Green Card but also helps hedge against the risk of RMB depreciation and achieve cross-border personal asset allocation. WorldWay is proud to offer investors three high-quality U.S. EB-5 investment immigration projects for which it serves as the sole chief agent: the DLJ Four Seasons Hotel Resort project (a successfully approved project with investment and repayment by the multi-billion dollar real estate fund DLJ) and the 90 Columbus Apartment project (a rare Manhattan concept apartment project with I-526 exemplar approval). These projects boast numerous advantages, including strong developer backing, sufficient job creation, low investment and repayment risks, and sound exit mechanisms.
From February 20 to March 31, 2016, to give back to our investors, WorldWay Group launched the "U.S. Investment Immigration 10th Anniversary 10,000 Yuan Voucher Giveaway" promotion, distributing thousands of 10,000 yuan service fee vouchers. Investors can use these vouchers to deduct 10,000 yuan from their immigration service fees. We welcome all new and existing clients to share this widely on social media. For detailed inquiries, please call our hotline: 400-138-2929