The growing popularity among Indians for EB5 permanent visas is notable. The number of applications from high net worth individuals (HNIs) in India has seen a drastic increase in the last few years. 10,000 visas are issued under this category each year to immigrant investors who can contribute $500,000 or $1 million to the US economy. The investors are also expected to create a certain number of jobs in the US.
Despite the investment amount and job creation criteria, more and more Indians consider EB5 investor scheme as a quick way to US Green Card. It allows successful applicants to move there with their family to live, work, study, enjoy healthcare, and other benefits that of a permanent resident.
Indians from different parts of the country are taking this opportunity to move to the US. Therefore, the applications are expected to go up further in the coming days. The EB5 investor visa for Indians is still current, unlike the Chinese counterparts whose cap has reached and many applications in backlog.
So, Indian HNIs can apply for EB5 before its too late and the files run in backlog.
Source: Economic Times