i came across this great article pusblished by a Canadian law firm (Altro & Associates. www.altrolaw.com) and wanted to share it with you all. This could have a significant impact on our Canadian investors.
A new bill was introduced by two U.S. senators, designed to have foreigners spur on the struggling U.S. economy. Senators Charles E. Schumer (D-NY) and Mike Lee (R-UT) have introduced The Visa Improvements to Stimulate International Tourism to the United States Act (VISIT-USA Act). The new legislation proposes the two different variations of a 3-year non-immigrant residential visa. One of which is a “Canadian retiree visa”. [Read more...]