Foreign Trader Moving to the US

Discussion in 'Professional Trading' started by NeoTrader, Feb 2, 2016.

  1. speedo

    speedo

    I don't live in "the swamp lands" just did undergraduate at LSU but I agree on fiber...other than that live where you want to live, not where it's cheap or expensive. Just make more money if it's the latter.
     
    #21     Feb 2, 2016
  2. wrbtrader

    wrbtrader

    Thanks for the info.

    That was my mistake in thinking your wife cousin has a husband that was a business owner. In that situation, he would just hire you and then would be able to sponsor...my error. Also, based on the other info about them (interaction with you and your wife)...they are not an option.

    Looks like the only option you have is the "tourist" option via a B2 tourist visa and I believe they are valid for 6 months. Yet, frequently visiting the U.S. on new visas will eventually ban you because they will consider you "living" in the U.S. instead of visiting...they ban a lot of people for multiple tourist visa renewals because they consider such people as "living" in the U.S. instead of "visiting".

    You may want to check with "prop firms". I don't know if they sponsor traders but I can't imagine they would considering they would rather deal with traders that are legal residents...less paperwork in comparison to sponsoring someone that's from another country.

    Looks like your only option could be just "independent" immigration. A lot more expensive, takes more time and tough to get and the U.S. will do a ton of digging into your background. Yet, that's only given to people with very unique special job skills that the U.S. needs such as a top scientist that's an expert in the field, top athlete that a team in the U.S. wants or a top executive that can bring in millions or billions of dollars to the U.S. via partnerships only that the executive can broker between two countries in which others could not do.

    Good luck
     
    #22     Feb 2, 2016
  3. schizo

    schizo

    I'm too lazy to read all the replies, so my apology if someone has already covered this.


    U.S. offers various programs that grant Green Card to entrepreneurs who are willing to invest over $1,000,000 and employ 10 employees:

    EB-5 Immigrant Investor Program
    • Entrepreneurs (and their spouses and unmarried children under 21) who make an investment in a commercial enterprise in the United States and who plan to create or preserve ten permanent full time jobs for qualified United States workers, are eligible to apply for a green card (permanent residence).
    • Up to 10,000 visas may be authorized each fiscal year for eligible entrepreneurs.
    • You must invest $1,000,000, or at least $500,000 in a targeted employment area (high unemployment or rural area). In return, USCIS may grant conditional permanent residence to the individual
    E-2 Investor Visa
    • The E-2 investor visa is a long-term, renewable work visa granted to business investors from countries that have signed a bilateral investment treaty with the United States. The duration of the visa is determined by the terms of the treaty between the U.S. and investor's country of citizenship.
    • The investor should form a U.S. company, which will operate the business that the investor will purchase or establish, and which will act as the investor’s visa sponsor. Both the U.S. business and the individual investor, or employee, must qualify for E-2 visa status.
    • A person or persons with citizenship of a country having a qualifying investment treaty with the U.S. must own at least 50% of the shares of the U.S. Company; such person or persons may not have permanent resident status or reside in the U.S. under a visa other than the E-2 visa. This visa must generally be renewed every two years, but there is no limit to how many times one can renew. The investment must be "substantial."
    E-1 Trader Visa
    • Business people who conduct a substantial volume of trade in goods or services with the U.S. can potentially qualify for the E-1 trader visa. It is available to citizens from countries that have signed a treaty with the U.S. regulating trade and commerce. Both the business and the individual must qualify for the visa. The individual must engage in international trade (import or export) between the U.S. and the treaty country homeland. This trade may be in either goods or services, and must already exist at the time the visa is applied for. The trade may consist of either buying or selling, and the products or services may be going to or coming from the U.S.; conduct a substantial volume of trade between the U.S. and the treaty country homeland. The business must show that the value of the trade is substantial and that the trade is conducted in regular transactions in the course of a year; conduct at least 50% of its international trade between the U.S. and the treaty country.
     
    #23     Feb 2, 2016
  4. e-1 trader, just buy ES every day on the close, and sell it everyday on the open, and then show them that these are the 500 (mostly American) companies that you deal with every day.
     
    #24     Feb 2, 2016
  5. dealmaker

    dealmaker

    if you have enough money in the bank its not an issue...
     
    #25     Feb 2, 2016
    wrbtrader likes this.
  6. speedo

    speedo

    A fried of mine is a law professor here in the States. One day he was grousing about the corruption and incompetence in government to a French colleague. The Frenchman said "You need to do what I did, move to another country." My friend smirked and asked if he could expect better government in another country. The Frenchman replied "Of course not but it's not your country so you don't care."
     
    #26     Feb 2, 2016
    dealmaker, Pekelo and ETcallhome like this.
  7. That's one of the first questions they ask you when you go to rehab. "Have you ever dreamed about going to a new place and just starting over?"
     
    #27     Feb 2, 2016
  8. In my case, it was just what the doctor ordered. I sold that old empty delapidated farmhouse and all that land I couldn't take care of anymore where I raised my kids and watched my wife walk out of leaving me with nothing but bad memories and moved to a two bedroom apartment in the city, and now I am happier than a pig in shit. On a bad winter night you needed 4wd and sometimes chains just to make a beer run. Now the C store is only 100 feet from my front door and I can walk there anytime. You just never know when a change of scenery might get you out of something bad and into something good. But I would not recommend moving to solve problems since most problems are just in your head and you take them with you wherever you go.
     
    #28     Feb 2, 2016
    Wisard and speedo like this.
  9. The best way is investing, if you are rich enough. Check out EB-5 program https://www.uscis.gov/eb-5, you need to invest $1M and can afford to risk losing it all. It used to be half million but there are too many rich people what want to move to USA.

    Otherwise, you can enter US as a tourist, you can live many years with one visa approval, really not bad at all.
     
    Last edited: Feb 3, 2016
    #29     Feb 3, 2016
  10. NeoTrader

    NeoTrader

    LOL... I personally don´t care about government anywhere.... Even with the s*it that is going on in Brazil, people tend to blame the government for all their problems and forget that THEY elected those politicians, because of the stupid ideas these politicians used in their campaigns (all that socialist crap in the case of Brazil and in fact, virtually everywhere around the world). Politicians are there, AS EVERYONE ELSE IN THIS WORLD, to promote their own well being and the well being of the ones close to them, NOTHING MORE. IMHO, once one accepts this, life becomes much more practical. :cool: As Milton Friedman once asked Donahue: "Where do you find these Angels?" LOL
    America, in that sense, nowadays is not that better off... BUT, as a trader from ET here, who lives in the US, once told me: "In almost every country in the World, the great majority of the people believe in idiotic socialist ideas. At least here in the US, about half the country is not that stupid. :D" LOL (Even though afterwards he himself said that this has been getting worse over the years in America...) And that came from a guy that was born and lived in the USSR. o_O
    But there´s nothing I can do about it... I try not to bother myself with these issues and try to live my life doing the things I feel like doing... And if something doesn´t work out, that OK too...

    I thank you all very much for all the time and the responses.
     
    #30     Feb 3, 2016
    Wisard and kcgoogler like this.