Recent content by Lienohi

Thank you very much for taking the time to explain this. I feel much better and realize much will be out of my control once I submit the documents but at least with a top tier immigration law firm handling this, I’ll at least put myself in the best position for things to move through...

Could you give me an indication on whether or not it seemed like they looked into the real estate you mentioned to determine if the rental market rate matched the $ amount you were renting it for, am I expecting them to be too competent in this regard? Is it true that the real emphasis is on...

Haha thank you for the vote of confidence. I am a control freak at times and can overthink things so foreign to me. I just don’t want to spend time and money in the wrong way and have my application ultimately denied. Thanks for this. I have just about everything sorted with exception of the...

Great questions and points. 1) I have considered the exit tax and it’s actually a big reason why I want to renounce or at least be in the position to renounce. My NW will soon be above the threshold for exit tax (if it’s below 2.5 mil I believe, no exit tax is required) so I need to hurry up...

If you look back through previous responses to this thread, several people mentioned that real estate was the bulletproof way of sailing through the rentista visa application process as they apparently much prefer to see owners of real estate vs. people holding liquid stock in a company for...

I’m not willing to spend 200k. But I would be willing to spent 50-100k however there’s no way a home that cheap will realistically generate 2k in passive income. I would need to make it appear as though someone is renting at that rate when I would in reality be renting it from myself, if you...

Thank you for the advice. I wouldn’t say money is “no object” when you consider the price of US real estate. I’d think I would need to spend at minimum 200-300k to guarantee a passive income of $2000. That said, perhaps I could find some real estate in a terrible place in the US for 50-100k and...

Hi Bajo, I have been following your posts regarding similar comments of yours regarding legal residence not being required for citizenship. I’ve also read through your entire website and while I can certainly see there is a legal way of navigating citizenship this route by retaining a lawyer...

Thank you and everyone else @steveinbsas @Alby @Ceviche @TruchoTango though it certainly doesn’t give me comfort considering what my only real option is —> creating a cash/cash equivalent trust with 30k which I’m happy to make irrevocable if that helps my case (sounds like they don’t really...

Thank you very much Steve, I’ve been reading through countless posts from you and want to thank you sincerely for all the contributions you make to fellow expats on this forum. I would be setting up this trust for the sole purpose of obtaining a rentista visa. 1) When you went through this...

Thank you. Regarding the “legalization” from an accountant. What does that process look like exactly? Do you happen to know what the accountant verifies as a process of this “legalization”? Making sure the trust was setup with post tax money?

Hi all, Arriving to BA next month and in process of getting all my paperwork in order to successfully obtain a rentista visa. My question is regarding whether or not an irrevocable trust that makes disbursements of $2500 for the next 12 months would be accepted as satisfactory for passive...