go_guy123
02-02 01:50 PM
excpet for Directors and above.
They don't pay taxes, etc etc. It is being mis-utilized by all companies.
IBM brings people on L1 @ 60K
They don't pay taxes, etc etc. It is being mis-utilized by all companies.
IBM brings people on L1 @ 60K
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kshitijnt
07-17 09:53 PM
Recapturing lost numbers is not a permanent solution. Per country limit 7% is ridiculous. We need to make sure we are not discriminated against by the per country limit. Its not my fault that someone from Europe doesnt want to come here and not so many from Africa or south america qualify for the EB visas.
anai
02-14 09:03 AM
Oh wait. I get it now. We're probably mistaken in thinking anand26's idea is to improve IV; looks like the idea is to promote "yelling at people" as a way of life.
The plan is to do nothing oneself but make a random to-do list for other people; so we should also respond in the same spirit.
Here are some things you should do, anand26; now do it quickly and report back to this forum by tomorrw:
Eat more broccoli.
Raise money for IV.
Do not use "zapata" in a sentence ever again
See. Anyone can do this. Pretty easy. Thanks Anand26 for sharing this idea.
Ok, if advertising is too far-fetched, then hold some cultural events and make money on those. Brainstorm with members to find other ways to make money. People are not going to contribute. That is the writing on the wall. There is lack of trust and lack of faith in IV. IV will have to figure out ways to generate cash from other things than member contributions. If I remember correctly, people contributed nearly $200K and have got nothing to show for that.
These suggestions are because you think money is the issue. I don't think it is. It's the lack of good leadership. That is my opinion and it was point of my original posting. Lack of money is being blamed wrongly. But may be I am wrong.
Attack my ideas and not me. Then we can have a debate conducive to achieving our goals.
The plan is to do nothing oneself but make a random to-do list for other people; so we should also respond in the same spirit.
Here are some things you should do, anand26; now do it quickly and report back to this forum by tomorrw:
Eat more broccoli.
Raise money for IV.
Do not use "zapata" in a sentence ever again
See. Anyone can do this. Pretty easy. Thanks Anand26 for sharing this idea.
Ok, if advertising is too far-fetched, then hold some cultural events and make money on those. Brainstorm with members to find other ways to make money. People are not going to contribute. That is the writing on the wall. There is lack of trust and lack of faith in IV. IV will have to figure out ways to generate cash from other things than member contributions. If I remember correctly, people contributed nearly $200K and have got nothing to show for that.
These suggestions are because you think money is the issue. I don't think it is. It's the lack of good leadership. That is my opinion and it was point of my original posting. Lack of money is being blamed wrongly. But may be I am wrong.
Attack my ideas and not me. Then we can have a debate conducive to achieving our goals.
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maheshmail
07-30 04:26 PM
Many sites. What kind of alerts are you looking for? Vols? Greeks? You can also customize most of the alerts depending on spreads you might be trading. This is possible even in simple option accounts with Level 4 approval.
I have level 3 (spread) approval from TD. I am looking to get trade signals like Zacks for Options.
I have level 3 (spread) approval from TD. I am looking to get trade signals like Zacks for Options.
more...
chanduv23
03-13 11:48 AM
I completely disagree with your message here. You dont even know what the personal reason for not participating in a state chapter is. I, for one, am unable to join a state chapter, because , the nearest chapter is 400 miles and 2 states away. What good would it do to me to join something that I can never be part of. I wanted to start a state chapter here in my place, but I couldnt find any useful resources on how to do it. May be eb3_nepa has some reasons like it.
Like you said, IV is not a top-down organization, which means everyone is responsible for everyone. I dont see anything wrong with eb3_nepa's questions. He wanted to know what is going on. I am sure there are lots of people around here who has the same questions.
The Admin Fixes letter campaign was a good initiative. But, the target date got moved twice, and now I dont even know when the end date is.
May be IV should be a top-down organization. Any organization as big as IV would probably be better served with a Top Team. That team could probably elected by the community. I am confident, that most of our members wouldnt even mind spending a few extra bucks to pay a honarary amount to this team for their efforts and time. Then there will be more structure and accountability and action going on around here.
I came to know about IV pretty late. When I did learn about IV and joined IV, I was a very enthusiastic participant. Of late, I do believe IV is fading away. I dont see so many activities going on around here. Like eb3_nepa and few others said, IV is right now becoming just another Immigration portal. It is starting to lose its identity.
After doing all the hard work to gather a mass or like minded people, it will be shameful, if IV drifts away from its stated aim. So, may be it is time for every member, including core members like you to refect upon things and come up with ways to make this organization more transparent and more accessible for people like me.
Like Waldenpond said, it is probably not wise to list all the items going on in the portal. The work around to that would be, we can add another membership type which is more restrictive. This membership group will have only members whose identities have been verified. Once this group is created, IV can post all the happenings accessible to them. This will help people like me who are unable to be part of any state chapter to know what is happening at IV. Keep our sprits high.
Thank you
The primary reason for disconnects and inability towards working in structure is because IV is primarily a volunteer organization and everyone are unpaid volunteers.
I agree that a lot of State chapters are not functional. some of them were reborn after death, some are very active some are not - as a matter of fact I lead the Tri State chapter and this had to be reborn as it was lead by someone else before and they did what they could and gave up. Now we have some wonderful chapter members who are really helping out and doing a great job. we combined the 3 states for better numbers and better coordination. the leads have strived very hard and continue to strive hard.
There are times when other things take up priority and the leadership may not be in a position to be active.
I think part of the frustration is because there do not seem to be frequest updates these days.
This is what I recommend. Contact the state chapter leader who is nearest to your state. You can join the state chapter.
For some very important reasons, updates canot be posted on the website.
With regard to eb3_nepa's case - I think he is from Tri State area doors are always open for him to join the state chapter
Like you said, IV is not a top-down organization, which means everyone is responsible for everyone. I dont see anything wrong with eb3_nepa's questions. He wanted to know what is going on. I am sure there are lots of people around here who has the same questions.
The Admin Fixes letter campaign was a good initiative. But, the target date got moved twice, and now I dont even know when the end date is.
May be IV should be a top-down organization. Any organization as big as IV would probably be better served with a Top Team. That team could probably elected by the community. I am confident, that most of our members wouldnt even mind spending a few extra bucks to pay a honarary amount to this team for their efforts and time. Then there will be more structure and accountability and action going on around here.
I came to know about IV pretty late. When I did learn about IV and joined IV, I was a very enthusiastic participant. Of late, I do believe IV is fading away. I dont see so many activities going on around here. Like eb3_nepa and few others said, IV is right now becoming just another Immigration portal. It is starting to lose its identity.
After doing all the hard work to gather a mass or like minded people, it will be shameful, if IV drifts away from its stated aim. So, may be it is time for every member, including core members like you to refect upon things and come up with ways to make this organization more transparent and more accessible for people like me.
Like Waldenpond said, it is probably not wise to list all the items going on in the portal. The work around to that would be, we can add another membership type which is more restrictive. This membership group will have only members whose identities have been verified. Once this group is created, IV can post all the happenings accessible to them. This will help people like me who are unable to be part of any state chapter to know what is happening at IV. Keep our sprits high.
Thank you
The primary reason for disconnects and inability towards working in structure is because IV is primarily a volunteer organization and everyone are unpaid volunteers.
I agree that a lot of State chapters are not functional. some of them were reborn after death, some are very active some are not - as a matter of fact I lead the Tri State chapter and this had to be reborn as it was lead by someone else before and they did what they could and gave up. Now we have some wonderful chapter members who are really helping out and doing a great job. we combined the 3 states for better numbers and better coordination. the leads have strived very hard and continue to strive hard.
There are times when other things take up priority and the leadership may not be in a position to be active.
I think part of the frustration is because there do not seem to be frequest updates these days.
This is what I recommend. Contact the state chapter leader who is nearest to your state. You can join the state chapter.
For some very important reasons, updates canot be posted on the website.
With regard to eb3_nepa's case - I think he is from Tri State area doors are always open for him to join the state chapter
SK2007
11-02 02:45 PM
I think you got a very good point here.
If India is really good economically, people from all over the world would be going there and find job.
There are people from even poorer countries coming to India for education and employment and so.
I agree that property is getting expensive by second in India, Some times it makes me think, most of us who wants to go back might not go back for wrong economical resons, Don't you think this is what happened to many people who migrated to African countries before Indian Independence. Most of them never visited India in their life time(I attribute most of them to economic reasons). I am not if this is a paradox or anticlimax.
If India is really good economically, people from all over the world would be going there and find job.
There are people from even poorer countries coming to India for education and employment and so.
I agree that property is getting expensive by second in India, Some times it makes me think, most of us who wants to go back might not go back for wrong economical resons, Don't you think this is what happened to many people who migrated to African countries before Indian Independence. Most of them never visited India in their life time(I attribute most of them to economic reasons). I am not if this is a paradox or anticlimax.
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kubmilegaGC
09-14 11:28 PM
where is the poll at?
We were approved on 9/2.
Had opened an SR on 8/25 and had sent an email to TSC streamline on 9/1
@sdr..can you please let us know did you mention in that email or what is "TSC Streamline" email.. Does NSC has something like that?
Thanks,
We were approved on 9/2.
Had opened an SR on 8/25 and had sent an email to TSC streamline on 9/1
@sdr..can you please let us know did you mention in that email or what is "TSC Streamline" email.. Does NSC has something like that?
Thanks,
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whoever
02-07 12:55 PM
I predict the movement of PD for april'07 will be significant for EB2 India, EB3 ROW for sure. They would not hold up everyone in EB2 India, EB3 ROW at the current priority dates.
more...
vejella
07-11 01:14 PM
They either have to reject the application or provide the receipt notice. Cannot hold the applications without any actions for long time.
This can reduce the impacted percentage to people from Retrogressed Country /Category ...
May be some thing we can ponder on ....
This can reduce the impacted percentage to people from Retrogressed Country /Category ...
May be some thing we can ponder on ....
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optimist
06-11 10:00 AM
Hi Gurus,
I need an advice from you.
The situation:
-- Involved in a collision few months back. As I had rear ended the vehicle, as per the investigation, it was found it was my fault(80% mine - 20% others)
-- Now after more than 18 months, I get a law suit for 3.25 million dollars(. This was served against ppl who were involved. Right now my I have my EAD and AP and maintaining H1 status.
So what are my options now?
1. Check with attorney and start defending..?
2. pack the bags and go back to my country ? If so, will there be any issues in coming back again, say after 3,4 years?
3. What about my GC?
Any help would be greatly appreciated and I guess it would be a biggest decision of my life ..
Thx,
PD is Nov 2006.
Sorry to hear about your case. Trust me, such liability suits are extremely common these days in America, and there is no cause for alarm as long as you take all the necessary steps.
If you had liability insurance for your auto at the time of the accident, the first thing you have to do is to call that insurance company and let them know about the lawsuit. THEY will hire and pay for a lawyer to defend you. If you want to be even more comfortable, you might also hire another defense attorney by yourself.
The catch is, your insurance lawyer will only defend you upto the amount of liability mentioned in your insurance. If there is any judgement over that amount, your personal assets are at stake. This happens only in very very rare scenarios. Most of the times, such lawsuits are settled out-of-court. The amount mentioned in the lawsuit ($3.25 M) is totally irrelevant- what they would eventually get (if any), will be far far away from this figure.
Assuming that there are no criminal charges, and this is a civil tort case, there will be no impact on your immigration proceedings at all.
Make sure you take all the paperwork very seriously and do not ignore any letter/notice/deadlines. Don't even think of running away- its not worth losing your career you have worked so hard for. Unless yours is an extremely unusual case, all that you stand to lose is several nights of sleep and thats all.
I have some links for you to look at:
http://www.illinoisprobono.org/index.cfm?fuseaction=home.dsp_content&contentID=2116
http://www.laborlawtalk.com/showthread.php?t=111066
http://www.millerandzois.com/Maryland-Personal-Injury-Lawsuit.html
http://ask.metafilter.com/18037/Insurance-Company-Woes
http://www.ashcraftandgerel.com/autoacc.html
http://www.psp-interactive.com/issues/articles/2007-02_09.asp
http://www.rbs2.com/cc.htm
http://medicaleconomics.modernmedicine.com/memag/article/articleDetail.jsp?id=111402
Good Luck!
I need an advice from you.
The situation:
-- Involved in a collision few months back. As I had rear ended the vehicle, as per the investigation, it was found it was my fault(80% mine - 20% others)
-- Now after more than 18 months, I get a law suit for 3.25 million dollars(. This was served against ppl who were involved. Right now my I have my EAD and AP and maintaining H1 status.
So what are my options now?
1. Check with attorney and start defending..?
2. pack the bags and go back to my country ? If so, will there be any issues in coming back again, say after 3,4 years?
3. What about my GC?
Any help would be greatly appreciated and I guess it would be a biggest decision of my life ..
Thx,
PD is Nov 2006.
Sorry to hear about your case. Trust me, such liability suits are extremely common these days in America, and there is no cause for alarm as long as you take all the necessary steps.
If you had liability insurance for your auto at the time of the accident, the first thing you have to do is to call that insurance company and let them know about the lawsuit. THEY will hire and pay for a lawyer to defend you. If you want to be even more comfortable, you might also hire another defense attorney by yourself.
The catch is, your insurance lawyer will only defend you upto the amount of liability mentioned in your insurance. If there is any judgement over that amount, your personal assets are at stake. This happens only in very very rare scenarios. Most of the times, such lawsuits are settled out-of-court. The amount mentioned in the lawsuit ($3.25 M) is totally irrelevant- what they would eventually get (if any), will be far far away from this figure.
Assuming that there are no criminal charges, and this is a civil tort case, there will be no impact on your immigration proceedings at all.
Make sure you take all the paperwork very seriously and do not ignore any letter/notice/deadlines. Don't even think of running away- its not worth losing your career you have worked so hard for. Unless yours is an extremely unusual case, all that you stand to lose is several nights of sleep and thats all.
I have some links for you to look at:
http://www.illinoisprobono.org/index.cfm?fuseaction=home.dsp_content&contentID=2116
http://www.laborlawtalk.com/showthread.php?t=111066
http://www.millerandzois.com/Maryland-Personal-Injury-Lawsuit.html
http://ask.metafilter.com/18037/Insurance-Company-Woes
http://www.ashcraftandgerel.com/autoacc.html
http://www.psp-interactive.com/issues/articles/2007-02_09.asp
http://www.rbs2.com/cc.htm
http://medicaleconomics.modernmedicine.com/memag/article/articleDetail.jsp?id=111402
Good Luck!
more...
asanghi
02-13 07:18 PM
A lot of people, including me have lost faith in IV. They are not going to pay. We don't know what IV is working on and we don't believe it can do anything. The sooner IV accepts it, the better. I have seen this personally in talking to people and you can see the evidence with less than 300 people contributing. IV needs to produce results first.
Before you ladies jump on me with your (p)curses for personal attacks, read on.
IV needs to figure out other ways to generate cash if it thinks that would help. One way would be advertising on the site. I think IV has built this website well and it is an asset it needs to use NOW. I believe IV can charge up to $10,000 a day for advertising on the website. That would be $300,000/month or $3.6 million a year. Even $3000/day would result in over $1 million. That should not be very difficult to do.
That I completely agree with. In fact to start with google adsense is good. I think IV was looking into it. But it did not happen.
I wonder if there was any reason why IV could not do it. If IV does it, it can generate additional funds, and with the number of visitors these funds can be significant.
Before you ladies jump on me with your (p)curses for personal attacks, read on.
IV needs to figure out other ways to generate cash if it thinks that would help. One way would be advertising on the site. I think IV has built this website well and it is an asset it needs to use NOW. I believe IV can charge up to $10,000 a day for advertising on the website. That would be $300,000/month or $3.6 million a year. Even $3000/day would result in over $1 million. That should not be very difficult to do.
That I completely agree with. In fact to start with google adsense is good. I think IV was looking into it. But it did not happen.
I wonder if there was any reason why IV could not do it. If IV does it, it can generate additional funds, and with the number of visitors these funds can be significant.
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VivekAhuja
06-12 03:26 PM
Not true...
In the EB base, only 1 GC is counted for all family members. How can it count more than one if it is a derivative of an employment visa? It might count against the Family base even though primary applicant is EB-based. Not the other way around.
In the EB base, only 1 GC is counted for all family members. How can it count more than one if it is a derivative of an employment visa? It might count against the Family base even though primary applicant is EB-based. Not the other way around.
more...
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hope4gc
01-21 08:39 PM
What exactly do you mean when you say starting this business? Do you want to open a trading account on your own and trade? Join a day trading firm? Or open a Fund? Each one will have different implications on H1. You can open your own investment account with a brokerage firm and trade your own money, no problem with H1 what so ever.
If you join a day trading firm you will have to be on H1 with them. Very few ones do but I know of a couple who will do it. In fact a classmate of mine is working as a Trader/Analyst with a small trading firm in NYC. They have sponsored his H1.
Starting a fund, (if you can get the seed money :D), you open a LLC and sponsor yourself. You will be an employee of the company and draw a salary. You tell me what you have in mind and I will tell you what to do or what I did.
smisachu,
Thanks for that Info, here is my requirement
I am on H1B and plan to have my own company as a trader to trade stocks.
I will be the owner and wish to draw profits, may not have employee in my company for now(please advice, if i need to)
I need inputs to know what type of company should that be (LLC, S Corporation.. e.t.c.)?
Is it advisable to have a GC holder/citizen as partner?
What form of income should i withdraw(salary/profits/dividends/Interest..) How is the income considered when i file my taxes?
I am not aware of anyone who can sponsor my H1 as a trader atleast for now, if i get the right opportunity, i am open for that
Thanks again
If you join a day trading firm you will have to be on H1 with them. Very few ones do but I know of a couple who will do it. In fact a classmate of mine is working as a Trader/Analyst with a small trading firm in NYC. They have sponsored his H1.
Starting a fund, (if you can get the seed money :D), you open a LLC and sponsor yourself. You will be an employee of the company and draw a salary. You tell me what you have in mind and I will tell you what to do or what I did.
smisachu,
Thanks for that Info, here is my requirement
I am on H1B and plan to have my own company as a trader to trade stocks.
I will be the owner and wish to draw profits, may not have employee in my company for now(please advice, if i need to)
I need inputs to know what type of company should that be (LLC, S Corporation.. e.t.c.)?
Is it advisable to have a GC holder/citizen as partner?
What form of income should i withdraw(salary/profits/dividends/Interest..) How is the income considered when i file my taxes?
I am not aware of anyone who can sponsor my H1 as a trader atleast for now, if i get the right opportunity, i am open for that
Thanks again
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ras
07-02 01:07 AM
This is one of the important threads. It's really time to cleanse the system and imbibe faith in the employer/employee relationship.
We do see such threads on the forum occasionally where the employee is being cheated/asked to sign a contract/is not being paid on bench/employer is threatening etc etc... There are several instances where members have posted negative comments about consulting companies and how employees are unhappy working for them.
Is this really true?
I want to understand the reasons why people are not filing lawsuits against such companies yet? Why are we not reporting them to DOL and USCIS? Especially after filing I485 and expiry of 6 months, people are in a better position to file lawsuits against such employers.
IV can help only if people are willing to be helped and ready to take action.
If this system needs to be cleansed, then why aren't we doing it?
We do see such threads on the forum occasionally where the employee is being cheated/asked to sign a contract/is not being paid on bench/employer is threatening etc etc... There are several instances where members have posted negative comments about consulting companies and how employees are unhappy working for them.
Is this really true?
I want to understand the reasons why people are not filing lawsuits against such companies yet? Why are we not reporting them to DOL and USCIS? Especially after filing I485 and expiry of 6 months, people are in a better position to file lawsuits against such employers.
IV can help only if people are willing to be helped and ready to take action.
If this system needs to be cleansed, then why aren't we doing it?
more...
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RDB
09-17 12:59 PM
They are discussing some other bills.....something to do with Kinship and welfare for children.
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whiteStallion
04-18 04:50 PM
Hearty congratulations...
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anzerraja
07-20 09:39 AM
There is a funding drive in this other thread towards reimbursing the administrative costs of IV.
http://immigrationvoice.org/forum/sh...ad.php?t=10708
Could you please pledge an amount ?
I support this idea to have a funding drive to help Aman recover his financial losses. We can never thank enough for the time and effort that was put in. Its a pain we need to share. Celebrating and saying thanks to IV is nice. But contribution is only way to say thanks. Think about it if we had to file with new filing fee, we would have paid 3 times what we paid now. Its amazing and we are fortunate to have people like Aman, logiclife and other IV core have such selfless and sacrificing nature.
http://immigrationvoice.org/forum/sh...ad.php?t=10708
Could you please pledge an amount ?
I support this idea to have a funding drive to help Aman recover his financial losses. We can never thank enough for the time and effort that was put in. Its a pain we need to share. Celebrating and saying thanks to IV is nice. But contribution is only way to say thanks. Think about it if we had to file with new filing fee, we would have paid 3 times what we paid now. Its amazing and we are fortunate to have people like Aman, logiclife and other IV core have such selfless and sacrificing nature.
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sathishav
04-18 02:54 PM
This is what my attorney told me:
4 Year Bachelors in India + 5 years of Exp (excluding sponsoring emp)
3 Year Bachelors in India + 2 Yrs(Msc) /3 Years(MCA) + 5 years of Exp (excluding sponsoring emp)
4 Year Bachelors in India + US Masters + 2 years of Exp (excluding sponsoring emp)
All these qualify for EB2. Just make sure you Job Description requires eb2.
Also, consult with a leading attorney and show you employer, that this is doable.
4 Year Bachelors in India + 5 years of Exp (excluding sponsoring emp)
3 Year Bachelors in India + 2 Yrs(Msc) /3 Years(MCA) + 5 years of Exp (excluding sponsoring emp)
4 Year Bachelors in India + US Masters + 2 years of Exp (excluding sponsoring emp)
All these qualify for EB2. Just make sure you Job Description requires eb2.
Also, consult with a leading attorney and show you employer, that this is doable.
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smisachu
07-30 12:01 AM
Dont even think about it unless you are a quant and have resources that can compete with the Hedge funds. Commodities do not behave like stocks, you need to be able to model prices using multi variate models. Then there is jumps. You should be familiar with jump diffusion/step functions etc. To be able to model these you will need to use a factor model like the Pilipovic model. Even then it will only be an approximation.
Commodities are purchased as futures. Futures are derivatives and you will need to hedge them. A perfect hedge for a future is 1:1 in the spot. Since there is no arb here you will have to use options. To model the price of an option you will have to be a master of Black-Scholes option pricing model or a similar method like monte carlo simulation. Even if you figure all this out you will have to delta hedge. Delta hedging commodity options is very expensive, you will bleed money. Look up Hodges-Nuberger model for delta hedging options on derivatives.
I suggest a book by Daragana Pilipovic called "Energy Risk", buy it and read it. After that if you still feel you can take on hundreds of computers running parallel with teams of quants modelling prices and programs trading algarithimic models; then Good luck!!
Trade stocks as modelling stocks is comparitively easy. Stocks have drift (mu). If you are saturated with stocks look into options and Fixed income. Leave all these complicated stuff to the pros. You have better chance of hitting a jackpot in a casino than making money in trading commodities.
Hello IVians,
As we all await our GCs, I thot we can explore some investment vehicles.
Does anyone here have experience with commodity trading?
Can we trade in commodities on H1 or L1 status?
Is it too risky like forex trading?
Who are the online brokers offer commodity trading?
Is there a minimum account balance / trade required every month or so?
Pls share your experience. Thanks!
Commodities are purchased as futures. Futures are derivatives and you will need to hedge them. A perfect hedge for a future is 1:1 in the spot. Since there is no arb here you will have to use options. To model the price of an option you will have to be a master of Black-Scholes option pricing model or a similar method like monte carlo simulation. Even if you figure all this out you will have to delta hedge. Delta hedging commodity options is very expensive, you will bleed money. Look up Hodges-Nuberger model for delta hedging options on derivatives.
I suggest a book by Daragana Pilipovic called "Energy Risk", buy it and read it. After that if you still feel you can take on hundreds of computers running parallel with teams of quants modelling prices and programs trading algarithimic models; then Good luck!!
Trade stocks as modelling stocks is comparitively easy. Stocks have drift (mu). If you are saturated with stocks look into options and Fixed income. Leave all these complicated stuff to the pros. You have better chance of hitting a jackpot in a casino than making money in trading commodities.
Hello IVians,
As we all await our GCs, I thot we can explore some investment vehicles.
Does anyone here have experience with commodity trading?
Can we trade in commodities on H1 or L1 status?
Is it too risky like forex trading?
Who are the online brokers offer commodity trading?
Is there a minimum account balance / trade required every month or so?
Pls share your experience. Thanks!
srikondoji
10-10 01:53 PM
staying debt free, buying physical gold, convert half of your dollars to rupees, owning physical silver etc are the best options for now.
Real estate property prices will crash in Hyderbad. There is no shortage of land in and around Hyderabad. Already talk of giving away Hyderabad to Telangana is hotting up.
The cheap money from Japan is gone and will never come again. Call rates for banks have risen to 20% (bank to bank lending).
Already there are fissures in European Union in handling the crisis.
The situation is out of reach for USA and Dollar value may crash. The recent runup in dollar is due to Euro crashing. It is a temporary phenomenon.
Keep an eye on all the economic indicators and you will do good for yourself and your family.
I already got plenty of red reps for this sage advise in the past 8 months.
Thanks
sri
Real estate property prices will crash in Hyderbad. There is no shortage of land in and around Hyderabad. Already talk of giving away Hyderabad to Telangana is hotting up.
The cheap money from Japan is gone and will never come again. Call rates for banks have risen to 20% (bank to bank lending).
Already there are fissures in European Union in handling the crisis.
The situation is out of reach for USA and Dollar value may crash. The recent runup in dollar is due to Euro crashing. It is a temporary phenomenon.
Keep an eye on all the economic indicators and you will do good for yourself and your family.
I already got plenty of red reps for this sage advise in the past 8 months.
Thanks
sri
krishmunn
04-18 05:55 PM
Way to go JimyTomy.
For all well qualified EB-3 folks it is a good and legal way of getting out of this EB-3 India mess.
Many in IV will know that I have never opposed legal porting. However, I disagree that this is a way to get out of the mess. There is a fixed total number of Visa available. Per current rule this first comes to EB2 and is consumed completely leaving nothing for EB 3. If all (or majority) EB 3 moves to EB 2, the chocking will be in EB2 . So the "mess" just shifts its position.
The true way is -- 1) Recapture, 2) Exclude dependents from Visa Number
For all well qualified EB-3 folks it is a good and legal way of getting out of this EB-3 India mess.
Many in IV will know that I have never opposed legal porting. However, I disagree that this is a way to get out of the mess. There is a fixed total number of Visa available. Per current rule this first comes to EB2 and is consumed completely leaving nothing for EB 3. If all (or majority) EB 3 moves to EB 2, the chocking will be in EB2 . So the "mess" just shifts its position.
The true way is -- 1) Recapture, 2) Exclude dependents from Visa Number
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