Not all foreigners come here broke, and I think even illegals can fudge into ownership. In Florida a common scam is Foreigners buying a fancy house or even multiple houses for cash or mortgage. They rent these upscale houses filling every room with high dollar people. They provide amenities to include maid service storage space in the garage, landscape maint. and more. Very attractive to live like that at a low cost point if you don't mind sharing a house.
Note: There are also people who own the properties as airbnb for tourism.
You don't know this yet maybe. There's quite a few airbnb in the west coast where it's funded by China and run thru legal citizens.
Not all foreigners come here broke, and I think even illegals can fudge into ownership. In Florida a common scam is Foreigners buying a fancy house or even multiple houses for cash or mortgage. They rent these upscale houses filling every room with high dollar people. They provide amenities to include maid service storage space in the garage, landscape maint. and more. Very attractive to live like that at a low cost point if you don't mind sharing a house.
Note: There are also people who own the properties as airbnb for tourism.
I know about the investors travel visa. You are correct on that. They come as investors.
Trump's new 5 Million Dollar fee Visa, drawing swarms.
Gold card. Yes.