Mr. Z is the chairman of a real estate company and has the idea of immigrating to the United States. His situation is relatively simple: born in 1963, married, with two children. After graduating from university, Mr. Z directly entered a state-owned real estate company, starting as a civil engineer. By 1990, he was promoted to project manager due to his outstanding work performance, and in 1997, he was directly promoted to vice president of the company. During his time at the company, he accumulated some funds and management experience.
In 2000, the company transitioned to a joint-stock system. Due to his excellent work performance and some initial capital he had accumulated, Mr. Z became a minority shareholder of the company along with other individual shareholders, jointly investing 50 million to establish the company he currently works for. Over the past ten years, the company's performance has soared, having built nearly 15 high-end residential communities in cities such as Jining and Jinan, earning a high reputation.
According to the requirements of the U.S. investment immigration program, he only needs to explain the legal source of 500,000 USD. Based on Mr. Z's situation, immigration experts have roughly determined the following two plans to prove the source of his assets:
1. There are various ways to explain the source of investment, among which real estate income can be the primary choice.
In 2001, Mr. Z purchased a 160 square meter three-bedroom apartment in the Beijing Third Ring Road, with a down payment of 30% and a loan of 70%, for a total price of 1.7 million (real estate prices increased several times from 2000 to 2010). The current market value is 6.5 million, with an intermediate income of 4.8 million. After deducting the unpaid loan, there is a direct income of 3.5 million, which can directly explain the source of the 500,000 USD investment.
2. The applicant's good business history is also a very important explanation for the source path.
Since the real estate company is a key taxpayer, Mr. Z's personal income tax payment situation is very good, and the income reflected on the tax statement is very clear. Additionally, the dividends from previous years and bonuses extracted from undistributed profits serve as good income evidence. Furthermore, during his tenure as vice president, Mr. Z led teams to the United States, Canada, the United Kingdom, and Europe multiple times for business inspections, examining local real estate projects, residential layouts, and advanced housing concepts. The visa records from multiple countries have also granted Mr. Z a high personal reputation with the U.S. consulate.