Several Indians are now opting for the EB-5 Investor Visa even as the H-1B program faces enhanced ambiguity. They are now more and more opting for the EB-5 route as it is the most direct and fastest pathway to a US Green Card.
The H-1B Visa is now under greater inspection amidst arguments that it dislodges US workers. Thus, several Indians are seeking alternative immigration routes to the US. The one that has witnessed the most impressive increase is the EB-5 Visa.
The chief factor for the popularity of the EB-5 route is its speed. It permits Indians to obtain a US Green Card along with their direct family members within 2 years. It is less than 1 year in some cases, as quoted by the American Bazaar Online.
The EB-5 Investor Visa has 2 major requirements. One is that the applicant has to invest at least $500,000 in a fresh business enterprise. The other is that the investment must be used for creating and sustaining 10 full-time jobs in the US.
Applicants have 2 options and can choose any one among them:
1. Make an investment in a fund known as Regional Centre
2. Administer their investment directly by themselves
The most accepted option until now is the Regional Centre. Around 95% of the investors opt for this pathway. The reason is that the Regional Centre takes up the responsibility of guaranteeing the EB-5 compliance. In this way, it assists in mitigating the threat to the Green card.
The numbers of applicants from India for the EB-5 Visa has skyrocketed to several hundred this year from just a few dozen 5 years ago. Each nation has a yearly cap of 700 Visas prior to facing the waiting list. So it is best to act swiftly and apply for the EB-5 program as soon as possible.
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