However... The system is arbitrary and can punish people short term. It seems strange to buy a house in a country that can kick you out on no notice through no fault of your own.
However... The system is arbitrary and can punish people short term. It seems strange to buy a house in a country that can kick you out on no notice through no fault of your own.
OK, it's strange to buy a house. What about marrying and having a kid? Many H1B workers here have lived there for decades (with no realistic hope of a green card in sight). Must we stay childless because we can be kicked out on no notice?
I know your statement is well-intentioned but it comes off as one of those things that's easy to say in 'abstract' but it demonstrates a lack of understanding of actual life situations of people.
If you marry a citizen, that accelerated the Green Card. If you marry a non-citizen, your situation is precarious, so why not rent rather than buy?
I’m not arguing that the rules are right. (They are clearly wrong) Just that if you’re ina precarious situation, avoid doing things that make it worse. When I lived abroad, the expats were all aware of being on borrowed time.
I think the world would be a better place in terms of peace and prosperity if people could circulate as easily as money. Unfortunately that’s not our world.
If my posts are wrong or offend I’m happy to delete them.
Renting vs buying is fine. We can choose to rent all our lives and frankly in the Bay Area buying isn't even that slam dunk of a decision anyway.
My point was a bit more general. It's very common for people to argue 'technically' about how others should live their lives while missing their ground reality. For instance, it's easy to say "Well technically H1B is not an immigration visa, it's a temporary workers visa so why are you making long-term life decisions while on it". But the ground reality for most Indians and Chinese on H1Bs in the US is that they will never get a green card (permanent residence), and they will spend their whole lives here under H1B, so while the question is well-meaning and genuine, it translates to "don't buy a house, don't get too many possessions, don't marry[1], don't have kids".
[1] Unless you marry a citizen, in which case you are sometimes accused of entering into a 'green-card marriage' and seen with suspicion.
He's since married and has a kid, used to live in an apartment but now has a house, although he might be renting, I'm not sure.
I started dating and eventually married my wife, got two dogs, and bought a house in just the five years I've been working at the company myself, so a lot of life events can happen in that time.
[1] https://en.wikipedia.org/wiki/Visa_policy_of_the_United_Stat...
[2] https://travel.state.gov/content/travel/en/us-visas/immigrat...
[1] https://travel.state.gov/content/travel/en/us-visas/immigrat...
Here's the current queue size: https://travel.state.gov/content/travel/en/legal/visa-law0/v.... For immigrants born in mainland China, E2's current queue is 4.5 years, for immigrants born in India E2's current queue is 11 years.
[1] https://www.cbp.gov/travel/international-visitors/visa-waive...
Have you ever tried to break a lease on accommodation in the US?
A house is an asset you can continue to own if you leave the country, by renting it. There is no requirement to be US resident or even eligible to visit the US to own property in the US.
Breaking a lease can cost tens of thousands of dollars which is just waste - and if you ever intend on coming back to the country at some point, simply abandoning the lease is not advisable since the impact on credit reporting can be substantial.
So I'd suggest that it's actually cheaper to own a house, and simply _not_ unwind it.
When I was in real estate, the banks would only credit your income at a 75% occupancy rate. It’s hard to break even on an income basis with rental real estate.
When your property is vacant, you’re still on the hook for the mortgage. More than likely, your income is going to be lower when you’re forced to leave the country.
This straight path you speak of they have been filing paperwork for and fighting for, for 3 years now. I believe he is just in the path to permanently moving to China and revoking his US citizenship status.
Everything about this process sucks. :(
So let's rein in those companies by giving them a talent pool of people who can't rock the boat too hard without fear of having to leave the country?