Inmigrating to USA with 1M cash

[Mark Prochovs]

Hey! How are you? Today I was discussing with my family about inmigrating from Argentina to United States. We are a family of 4, my 60year old dad, 49 year old mom, 12 year old brother and 20 year old me. 

We got tired of living here in Argentina. We want to look for a better place in the states. Here, we have 3 big properties that would yield 800k dollars, plus the cars and everything we dont use we would have like 1m to start over. 

With that I was suggesting my family of buying several different apartments there cash, or taking a loan with 20% upfront cash to buy a good number of apartments that would cashflow for passive income. With that passive income rent something for ourselves and start over other type of businesses there. Do you think something like this is possible? 

Thanks for the advice,

Mark

[Shane H.]

@Mark Prochovs

Welcome Mark - be sure to set your BS meter to high as I'm sure you'll be contacted by a # of scammers.

I'm not an immigration expert but think I have more experience in the matter than most as my wife is from Kenya - if you come with that kind of money you may get in easier than most....1st thing you should research is a good immigration attorney before you do anything else.  My experience in dealing with the USCIS is they treat all non citizens like sh x t and like you're a criminal.  You have no rights until you have a green card or gain citizenship.  Research that part first if you haven't already.  I could recommend a good one in KC but you'd want an atty local where you plan to relocate.  

Best of luck.  You can get going with that kind of capital but of course all things being relative - you wont be able to buy much in the more popular larger metros --- IE Dallas, NYC, LA etc - but you could probably own half the county in smaller communities to everything in between.

Have patience with the USCIS - they hire spiteful people lacking in brain cells who think you have no rights sprinkled in with the occasional bigot.  Be prepared to document, document, document and document again where you got your money you are bringing with you and I'd be prepared for the occasional insult or innuendo the money is not legit.