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Started By
Message
Posted on 2/5/21 at 10:38 pm to Tigersonfire
At present, all discussions of the sort have been modeled after Australia’s immigration laws. Expat retirees can apply for a Permanent Retirement Visa, under the following conditions:
————-
In order to qualify, you will need to adhere to stricter rules and regulations. Permanent retirement visas are viewed as investment visas and for this reason, you will be required to demonstrate that you possess assets of a pre-determined value. This value will vary according to which area of [Texas] you wish to retire. However, a general rule of thumb is as follows:
High Growth Region: $750,000 worth of assets and an additional $500,000 for any dependent (spouse).
Low Growth Region: $500,0000 worth of assets and an additional $250,000 for any dependent (spouse).
You will be required to demonstrate that you have owned these assets for a minimum of two years prior to applying for a permanent retirement visa.
—————
Again, Texas may use a similar model, but it’s doubtful it would be the exact same.
FTR, these are simply my opinions and echoes of what I’ve heard discussed and what I’ve read. NONE of these issues have been settled; shoot, we may very well not be granted a vote this legislative session. If that’s the case, this process will repeat itself in 2023 ... and beyond ... until a vote is granted by the TX Lege.
Regardless, Texas welcomes you!
————-
In order to qualify, you will need to adhere to stricter rules and regulations. Permanent retirement visas are viewed as investment visas and for this reason, you will be required to demonstrate that you possess assets of a pre-determined value. This value will vary according to which area of [Texas] you wish to retire. However, a general rule of thumb is as follows:
High Growth Region: $750,000 worth of assets and an additional $500,000 for any dependent (spouse).
Low Growth Region: $500,0000 worth of assets and an additional $250,000 for any dependent (spouse).
You will be required to demonstrate that you have owned these assets for a minimum of two years prior to applying for a permanent retirement visa.
—————
Again, Texas may use a similar model, but it’s doubtful it would be the exact same.
FTR, these are simply my opinions and echoes of what I’ve heard discussed and what I’ve read. NONE of these issues have been settled; shoot, we may very well not be granted a vote this legislative session. If that’s the case, this process will repeat itself in 2023 ... and beyond ... until a vote is granted by the TX Lege.
Regardless, Texas welcomes you!
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