06 Apr 2024
The USA EB5 Investor Visa Program, established in 1992 as the Immigrant Investor Program or more commonly referred to as the Regional Center Program, has recently come into the spotlight due to a remarkable increase in interest from Indian investors. This program was specifically designed to reserve the EB5 investment visa for those who commit to investments in commercial enterprises linked with regional centers that have the stamp of approval from the USCIS.
Based on data provided by the investment migration consultant U.S. Immigration Fund (USIF), the allure of the EB 5 visa program for Indian nationals has been on a steady rise, especially as an alternate path to student visas and H-1B visas. Surprisingly, between 2016 and 2019, there was a 400% surge in the demand for the EB5 investment visa from India alone. This trend doesn’t seem to be waning, as 2022 witnessed a spike in applications, with a total of 1,381 filed by Indian investors, showcasing a substantial 75% growth since 2019.
So, why are so many choosing the EB 5 visa program? Beyond offering an alternative to more traditional visa routes, the program presents an opportunity for investors and their families to obtain a green card, thereby establishing a pathway to US permanent residency and citizenship through investments that contribute to the American economy.
For those considering this avenue, FRR Immigration offers expert guidance and support, ensuring a seamless and successful application process for potential investors.
*Information Source: LiveMint.com