Canadian retiree visa

Two US senators unveiled a bill on Oct. 20 to encourage some foreign nationals to buy homes—and therefore pay taxes—in the US, AFP reported. Put together by Democratic Senator Chuck Schumer and Republican Senator Mike Lee, the bill would allow a "Canadian retiree visa" for Canadians over 50 who can show that they have housing available to get a visa that lasts 240 days a year and is renewable every three years.

Published: Wednesday, 10/26/2011 12:00 am EDT

Two US senators unveiled a bill on Oct. 20 to encourage some foreign nationals to buy homes—and therefore pay taxes—in the US, AFP reported. Put together by Democratic Senator Chuck Schumer and Republican Senator Mike Lee, the bill would allow a "Canadian retiree visa" for Canadians over 50 who can show that they have housing available to get a visa that lasts 240 days a year and is renewable every three years.

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