Recently, U.S. President Trump signed a two trillion dollar economic stimulus bill, which is expected to distribute cash soon. The specific details of the direct cash assistance are as follows: individuals with an annual income of up to $75,000 will receive a $1,200 check; families with a maximum income of $150,000 will receive a $2,400 check; and an additional $500 for each child.
So, who is eligible to receive this subsidy?
1. Citizens or green card holders who have resided in the U.S. for more than 183 days can receive it.
3. Exchange scholars who have been in the U.S. for more than 2 years and have resided in the U.S. for more than 183 days in the third year can receive it.
4. Foreigners who have resided in the U.S. for more than 31 days this year and have met the substantial presence test in the past 3 years, which means they have resided in the U.S. for more than 183 days according to the formula.
How is the substantial presence test calculated?
For example, if you lived in the U.S. for 120 days in 2017, 2018, and 2019, then 2019 counts as 120 days, 2018 counts as 40 days (1/3 of 120 days), and 2017 counts as 20 days (1/6 of 120 days), totaling 180 days over the three years. Although you lived in the U.S. for more than 31 days in 2019, the total time over the past three years does not meet the 183 days requirement, so you do not pass the substantial presence test.
When can you receive it? According to industry insiders, based on past processes and timelines, it is expected to be in May. The WorldWay Group will continue to monitor the latest news and share it with everyone as soon as possible.
As we know, the U.S. has a well-established welfare system, advanced technology, a superior environment, and excellent education levels, making it an ideal destination for many individuals seeking to live, invest, and immigrate. Among the various ways to immigrate to the U.S., the EB-5 investment immigration program is highly favored due to its lack of age, language, education, and business background requirements, allowing one person to apply for the entire family to immigrate. Currently, the Yellowstone Club Phase II EB-5 project, which offers a rare opportunity to immigrate to the U.S. for just $900,000, is becoming a preferred choice for investors. This project combines many unique advantages, including dual approval from the immigration bureau, completed I-829 employment, and a fivefold asset value mortgage repayment, greatly safeguarding investors' interests and making it popular among investors.
Top Ten Advantages of the Yellowstone Club Phase II EB-5 Project:
1. Rural area EB-5 project, allowing immigration for just $900,000.
2. The project has received dual approval for I-526 sample and actual cases.
3. Extremely high employment multiplier; construction has started, and the required employment has been completed in advance.
4. Low EB-5 proportion, high equity investment proportion.
5. Extremely high value mortgage, with mortgage value reaching five times the EB-5 loan amount.
6. The strong brand appeal of the Yellowstone Club, with nearly half of the apartments pre-sold.
7. Operated and managed by the renowned luxury hotel brand Montage.
8. Developed and constructed by the experienced and capable developer CrossHarbor.
9. Successful experience of the Yellowstone Club Phase I EB-5 project replicated.
10. Professional EB-5 team oversight & WorldWay Group successfully collaborates with EB-5 for the third time.
2020 is the year of health planning; health planning comes first. Good projects do not wait for anyone; do not miss the opportunity to invest $500,000 to immigrate to the U.S. again, and do not miss the opportunity to invest $900,000 to immigrate to the U.S. Quality projects are rare; reservations should be made quickly. For project details, consult: Mainland China: 400-138-2929 Hong Kong: (852)2802 8798
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Investment involves risks; the above information is for reference only.