Updated Time 20 Mar, 2020, 10:22 (UTC+08:00)
In order to support and reduce the difficulties in living, the US government maintains outstanding social welfare over the years for its citizens. As an immigrant investor, you need to know the following 5 special benefits for settlers:
Housing subsidy is the most important subsidy. There are 2 forms of subsidies for investors to know when settling are Housing and Public Housing:
Some of the costs of living are subsidized by the US government are the cost of telephone, electricity for heating or cooling in the house, water, etc. The amount of support also depends on the living conditions and number of members in your family. For an investor, this is a useful grant when the business situation is not favorable.
The Children's Health Insurance Program (CHIP) is a hospital fee assistance program for children. The program is for children living in families who cannot afford the regular insurance.
For adults, the US government provides assistance through the Medicaid insurance program. To participate in the program, program applicants must meet certain income criteria.
Medicaid programs must follow federal guidelines, but insurance and medical costs may vary from state to state.
The US government supports unemployed citizens through unemployment insurance and skills training programs. Since then, the government has not only provided support but also helped workers to find work. For business owners, the government has its own business support programs that can help you create your own business easily.
The US government has a variety of food assistance programs for children, adults and elderlies. The most popular program is the Supplemental Nutrition Assistance Program in the form of food stamps. Through the program, people can use food stamps to exchange food for their families.
For students, the government has a variety of programs such as School Breakfast Program, School Lunch Program, School Milk Program, etc.
For the elderlies, the Nutrition Program for the Elderly or monthly nutritional food packages are also offered by the government.
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