Chapter 217 Green Card in Hand

After signing an agreement with Zhao Meng on the gift of shares, Yang Jing became a major shareholder of Rongbao Mining's San Francisco branch, second only to Guo Dabao, the big boss.

And because of the signing of this agreement, it is equivalent to Yang Jing has invested in the United States, and the investment amount is not low, after all, the registered capital of Rongbao Mining San Francisco Branch is as high as 150 million US dollars, and Yang Jing occupies 20% of the shares of Rongbao Mining San Francisco Branch, which is equivalent to investing 30 million US dollars in this company.

There are several forms for foreign nationals to apply for a U.S. green card, and one of them is called the "Immigrant Investor Petition", which is also known as the EB-5 petition.

In order to attract foreign investment, create jobs, and stimulate U.S. economic growth, the U.S. government created the Fifth Preference for Employment-Based Immigrants in 1990 in the U.S. Immigration and Naturalization Act, also known as EB-5 Immigrant Investor Program, to encourage foreign investors to obtain permanent residency in the United States through investment.

Immigrant Investor has universal advantages for foreign nationals who have sufficient assets and are interested in immigrating to the United States. Investment immigration does not require applicants to have any academic qualifications or other resumes and qualifications, regardless of the applicant's nationality, whether they have investment experience, whether they have business management skills, or even whether they can speak English.

Generally, USCIS requires an investment of not less than one million dollars. However, there are exceptions, and the investment limit can be lowered to no less than US$500,000 in some regions. In addition to investing funds, another core requirement is job creation. The law generally requires that within two years of the approval of Form I-526, the new business must directly employ at least ten full-time U.S. employees for an investor to start a new business.

Although it is difficult to pass the immigration application with only $500,000 or $1 million invested now, Yang Jing "invested" $30 million at once, and this investment amount will still be enough for the officials of the United States Citizenship and Immigration Services to raise their hands to welcome Yang Jing's immigration. Although Yang Jing has no idea of immigrating to the United States, after this "investment", as long as Yang Jing wants to apply, then he will soon be able to obtain a green card (a permanent resident card obtained by a foreigner in the United States, not a change of nationality to become a U.S. citizen), and many restrictions caused by his visa in the United States will be lifted immediately.

Although there is no actual monetary transaction in this investment, it is reflected in the company's books without any loopholes. In San Francisco, there are accountants who can easily do this.

It is precisely for this reason that Yang Jing's 198 million in China can be converted into US dollars and directly transferred to Yang Jing's own account in the United States.

Although this money still needs to be reviewed, Guo Dabao's assistant in China is also quite familiar with this kind of thing, and it won't take a few days for Yang Jing to think that the money that he didn't need can be used again.

Although this old oil well can bring Yang Jing a steady stream of funds, but this kind of funds are all long-term income, and the thirteen famous paintings obtained through the warehouse auction cannot be sold now, and Yang Jing is reluctant to sell, so if Yang Jing wants to get a huge amount of money in a short time, he will either continue to engage in warehousing and auction activities, or he will have to find another way.

Although the warehousing auction was good, the money was still too slow, and now that the funds of more than 30 million US dollars could be used, Yang Jing decided to start the next plan.

While waiting for the domestic funds to come, Yang Jing took out the thirteen famous paintings and asked Zhao Meng and Lin Dan to cooperate to determine the ownership of the three famous paintings.

This kind of thing is not difficult for Zhao Meng, an old man, in San Francisco, he knows several barristers who are well-known in the United States, and these barristers can take out one of them at any time and get the ownership of these famous paintings.

It will take time, though.

Although the U.S. judicial system is very sound, it is also quite a fucked up thing to litigate in the United States. It is common for a lawsuit to last for a few months or even years, and some ordinary civil or operational cases are slightly better, like some patent application cases, it is common for a lawsuit to be fought for two or three years, and it is not uncommon for five or six years to be fought.

The longest patent application case in the United States has been fought for 28 years!

This is the American justice system.

For example, in the ownership lawsuit of these thirteen famous paintings, even if the barrister comes forward, it is estimated that it will not take a few months or even a year or two to finally form a final decision.

But Yang Jing is not in a hurry, anyway, these thirteen famous paintings can't be lost, and the lawsuit will be fought slowly.

In fact, the lawsuit in the United States is about money, and now with this old oil well as support, Yang Jing is not afraid of spending money.

It's a big deal to run a few more places and find a few old oil wells......

After waiting for two or three days, the amount of oil produced from this old oil well stopped steadily at about 400 tons a day, which is incomparable with the daily output of 10,000 tons of crude oil during the self-injection period.

400 tons, which is almost 3,000 barrels, is obviously a little less for Rongbao Mining, so Guo Dabao decided to drill a few wells to increase production. Anyway, the 1.6 square kilometers of land near here belong to Rongbao Mining, and it can be tossed no matter how you toss.

Eventually, Guo Dabao decided to drill five more wells to increase the daily output of 5,000 tons to about 37,000 barrels per day, so that the small field could be continuously drilled for about four and a half years.

Of course, if you want to re-drill wells for oil production, you need to get the approval of the U.S. mining department, and you will also have to pay the relevant fees.

These things are naturally done by the professionals of Rongbao Mining, and there is no need for Yang Jing, a major shareholder, to worry about it at all.

This small oil field in Beaumont is now being taken care of by professionals, and Zhao Meng and Guo Dabao have nothing to do, so they and Yang Jing returned to San Francisco together.

returned to San Francisco, let alone Yang Jing, even Guo Dabao felt kind.

Although the number of Chinese in San Francisco is not as large as in New York, when it comes to grouping, the Chinese in San Francisco are the most grouped. More than 200,000 Chinese live here, and they have organized various community organizations in order to support and help each other. According to some statistics, there are more than 700 Chinese community organizations in San Francisco, and this is only an approximate number, and if you add in the many newly established and almost nominal ones, it is actually more than that.

Why do Chinese people organize so many associations? It's not just to keep warm?

After the ancestors of the Chinese people came to the United States across the sea, they were humiliated and enslaved beyond the imagination of later generations. Originally, our ancestors came to the United States to work hard for the world and leave it to future generations, but they were treated extremely unfairly in this country that clamored for "fairness and human rights" all day long.

In order to survive, those ancestors had to huddle together to keep warm, and formed community-like organizations, such as the Chinese General Association, which has survived to the present day and has always been the leader of overseas Chinese, was established more than 150 years ago.

The Chinese Federation is located in San Francisco!

And Zhao Meng, on the surface, is a beautiful mining manager, and his actual identity has another weight, that is, one of the high-level personnel of the Chinese Federation of Mansions.

Therefore, in San Francisco, there is almost nothing that Zhao Meng can't do.

When he signed the agreement, Zhao Meng had already instructed the accountant at home to do the accounting by phone, and after he and Guo Dabao returned to San Francisco to sign their respective accounts, someone immediately sent the $30 million "investment" in Yang Jing to the CFIUS office in San Francisco for review.

This "investment" is as high as 30 million US dollars, which has touched the minimum standard of CFIUS review, although this is not a merger and acquisition, but the investment amount is not small, so it needs to be reviewed by this very bullish committee.

When Guo Dabao established the San Francisco branch of Rongbao Mining in San Francisco, the $150 million investment he brought was also subject to the review of this committee.

Americans are so contradictory.

You said that other countries are looking forward to foreign investment, and the same is true of the United States, but for small investments, Americans welcome them, and once the investment amount is too large, these Yankees will be suspicious, for fear that your investment will touch some of their ulterior secrets.

That's why the Americans set up a strange organization called the "Committee on Foreign Investment in the United States."

The organization was established in 1988 to safeguard national security, and the committee is complemented by a special foreign investment approval system. From an operational point of view, the U.S. government will generally consider whether to approve the investment project based on three factors: whether it involves U.S. defense production capacity, whether it involves the sale and resale of military technology to specific countries, and whether it affects the U.S. technological leadership in the field of national security.

But in fact, there are many foreign investments that will be reviewed by this committee even if they are not involved in the above three aspects.

The main thing is that the composition of this organization is too complex. A mere commission to monitor foreign investment involves eight departments of the U.S. government, in addition to seven White House agencies.

It is precisely because the members of this committee have different interests in the industries they represent that there are also differences in foreign mergers and acquisitions and investment. Typically, the committee takes 30 days to investigate after being notified of the merger. If the members agree that there is no security threat, the review ends and the agreement continues to be fulfilled. But if only one member objectes, the committee must launch a formal investigation that lasts 45 days and then make a recommendation to the president on whether to block the takeover, who then has 15 days to make a decision.

However, an "investment" like Yang Jing's will certainly not affect the US president, and the committee's office in San Francisco can completely review whether this "investment" is acceptable.

As long as this "investment" is approved, then the company's business license can be changed, and Yang Jing will become a major shareholder of Rongbao Mining's San Francisco branch, and then Yang Jing can directly apply for a green card.

Of course, these things are handled by professionals, but because Yang Jing does have an "investment" project, the domestic money was quickly transferred, and after lying on the company's account for a few days, it was transferred to Yang Jing's private bank card in various ways.

The "investment" reviewed by the Committee on Foreign Investment was not very large, and Zhao Meng was pushing behind Zhao Meng, so the review was approved in only three days.

The day after the review was passed, Yang Jing's green card application form was also sent to the San Francisco Immigration Department. With such a large amount of investment, Yang Jing's green card application was approved very quickly, and Yang Jing only played in San Francisco for a week, and his green card was in hand.

Now that Yang Jing has a green card and Citibank still has more than $32 million in deposits on his bank card, he decided to go abroad.

Originally, Yang Jing had three things to do when he came to the United States this time, the first thing was to accompany Gege, but before leaving, he met Gege's brother-in-law by chance, and Gege was taken home directly, and he couldn't come to the United States with Yang Jing to spend a wonderful two-person world trip.

As for the second thing, it is to find the old oil wells and replenish the natural treasure to the Ring. Yang Jing had already done this, and in the process of doing this, he accidentally obtained thirteen world-famous paintings that were lost 27 years ago, and even turned an old oil well that was declared a death sentence into a small oil field with a recoverable quantity of 60 million barrels.

This incident not only caused the natural treasure qi gathering pool in the Holy Ring to change qualitatively and become a liquid state, but also brought Yang Jing more than a billion dollars in additional income.

Although these incomes cannot enter Yang Jing's name for the time being, this extra joy still makes Yang Jing very satisfied.

The most important thing is that through this "old oil well" incident, Yang Jing also found a good way to replenish the natural treasure for the holy ring at any time.

Now that the first two things have been done, Yang Jing is ready to start handling the third thing.

It's not so much a thing as a huge plan.

Because the Holy Ring has the "Restricted-level Time and Space Shuttle" skill, it can allow Yang Jing to shuttle back and forth in a fixed time and space node. It's a great skill, but again, if you want it to do you more good, you have to have a very good plan.

Yang Jing has been thinking about this plan for a long time, and since the last time he shuttled to his return in 1994, Yang Jing began to think about this plan.

It's just that he doesn't know if this plan can be implemented, after all, this plan involves two different time and space, and Yang Jing is worried that his plan will cause a space-time paradox.

Therefore, this time, Yang Jing arranged the implementation of this plan as the last stop of this trip to the United States. Regardless of whether this plan can be implemented or not, Yang Jing needs to test it himself. It is best to succeed, and there is a reasonable explanation for what is brought back to the present plane from the past time and space in the future.

If it doesn't work, it doesn't matter! It's all about this trip......