Chapter 10 of 10
Chapter 10
5 min read1,194 words
Money isn't everything, but without money, nothing is possible. Wei Da understood this principle very early on.
Now, he holds a check for three million dollars, which is no small amount; taxes in Texas are relatively low, which also means Wei Da has saved a considerable sum.
What can three million do? Actually, there are many things one can do with three million. After receiving the check, Wei Da also entered a higher level, which is to say, the upper class.
Standing firm in the competitive U.S. banking market and continuously growing is no easy feat; they need to withstand market tests and gain customer approval.
Wells Fargo is a customer-oriented, all-inclusive bank; their goal is to meet all of their customers' financial needs and help them achieve financial success. Ranked second in the U.S., Wells Fargo offers a wide range of services, including community banking, investments and insurance, mortgages, specialized lending, corporate loans, personal loans, and real estate loans, which can meet Wei Da's current needs.
Kenny is a capable person who has access to higher levels of society. He introduced Wells Fargo to Wei Da and also recommended a very good private lawyer. At this time, Wei Da had just hinted at his intention to immigrate, and the immigration bureau quickly followed up.
This is no joke; with three million dollars in hand and some technical skills, not to mention Kenny's connections, Wei Da's immigration process became much simpler. For wealthy people, the immigration process is relatively easier. While Wei Da is not a top-tier tycoon, he is doing well. With some excellent technical skills, it means Wei Da can more easily obtain U.S. citizenship.
Obtaining U.S. citizenship is very beneficial for Wei Da. The tax system in the U.S. treats citizens and foreigners differently. Wei Da does not want to pay taxes in the U.S. and then have to pay more taxes back home. Moreover, to develop in the U.S., nationality often comes with restrictions. For example, buying a ranch is possible for foreigners, but the procedures are cumbersome. Additionally, there are many restrictions in China, and Wei Da feels he might have more freedom in the U.S.
Although not a top-tier tycoon, compared to the average person, immigration is relatively easier for Wei Da. Don't think Americans don't value connections; this is a capitalist country where money often speaks.
After filling out and submitting the immigration application, Wei Da was quickly called in by the immigration bureau for a chat. The most critical part was seeing the three million dollars in Wei Da's account. Plus, he has some investments in Kenny's feed mill and other investment intentions. So now it's quite simple; once the immigration bureau verifies everything, immigration can be completed. After mumbling a few words to the American flag, Wei Da completed the task.
Obtaining a U.S. green card, and citizenship still requires some time, but for Wei Da, the green card is already sufficient to meet his current needs.
"Mom and Dad, I've got the green card. You don't need to worry about money; the money I've sent you is enough for your expenses. Give me some time; I'm considering buying a ranch, and then we'll really be making big money."
Wei Da's parents knew about his immigration plans. Wei Hui and Huang Yue had no objections to their son immigrating to the U.S., as they knew that without immigration, many things would be inconvenient for Wei Da.
"Buy a ranch? What are you going to do with a ranch?" Wei Da's father was taken aback. "I mean, although your major is in natural sciences, there's no need to buy a ranch. Raising cattle and sheep won't get you far. The most important thing now is to focus on your career and research feed. You should know the saying, 'greed is the enemy of success.'"
"Dad, many ranch owners are actually very wealthy, millionaires and multimillionaires. I just want the freedom to raise some cattle and sheep on my own land. I don't plan to run a large-scale ranch; it will be a small operation. Most importantly, I want to do some research. With my own land, I can do whatever I want. If I buy a ranch, the land will be mine forever, which is also an investment," Wei Da explained with a smile. He didn't need to go into too much detail, but his explanation naturally gained his parents' full support.
In Texas, Wei Da plans to buy a ranch. There are many ranches available, ranging in size from a few dozen to several thousand or even tens of thousands of acres, with prices ranging from a few hundred thousand to tens of millions or even hundreds of millions of dollars. With three million dollars, Wei Da has enough to make a purchase, though not a large one.
The sun in Texas is scorching, which is not good for most ranch owners. Wei Da has been in contact with some ranch owners and knows that for some tycoons, a ranch is just a large toy, but for those who rely on livestock, such weather is a real challenge.
Wells Fargo's brokerage firm is providing Wei Da with some information, and he is carefully selecting. With limited funds, he has taken on some jobs recently, but his savings have just reached three million dollars. A large ranch is out of the question due to financial constraints. Wei Da is looking for a ranch for enjoyment, not to run a large-scale livestock operation.
A 2,000-acre ranch is priced at three million dollars, which is a reasonable price. However, Wei Da doesn't have enough money to buy it outright, and operating it would also require funds. A 500-acre ranch is too small.
In Abilene, located in central Texas, there is a 1,300-acre ranch, mostly flat land. This is nearly 8,000 acres, or about 530 hectares, which is not small at all!
Wei Da has no reason to be dissatisfied. The ranch is less than an hour's drive from the town, and it is not short of water, making life more convenient. While the natural environment in Texas can be harsh, with tornadoes and other natural disasters, this area is relatively safe. It's hot, but that's not a problem.
Under the witness of private lawyer Thomas and the broker, Wei Da officially became the owner of the ranch for $1.8 million. The price is not cheap, but the previous owner was struggling to continue due to the ongoing drought, which could push some ranch owners to the brink of bankruptcy.
Although the ranch is currently empty except for a decent brick house, which is the ranch owner's residence, and a few worker's quarters, a stable for about ten horses, a medium-sized barn, and a large warehouse, the environment is quite good. Wei Da doesn't need to spend more money on building improvements, as the current structures are sufficient.
Standing on the balcony of the small house, looking out over the vast ranch, although it is currently empty, Wei Da believes that his ranch will soon live up to its name, 'The Great Ranch'!
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