More Indians are investing in the US EB-5 investor visa
Posted on March 15, 2016
For small and medium scale businesses to create jobs within US, the EB-5 investment visa have seen a spurt of interest in India, which provides a positive identification for the applier and his immediate relations, for investment a minimum of $500,000 in an exceedingly USCIS approved project within the US.
There’s been a twenty five percent increase in 2016, over the previous year’s variety of candidates for the EB-5 investment visa, keeping with knowledge from the US Department of State. For 2016, a numbered 130 EB-5 visas are seemingly being granted by the US immigration authorities for Indian business. The previous year, a complete of 111 people were granted the visa.
In 2015, immigrants of Chinese origin had been granted 8,156 EB-5 visas issued compared to 111 visas for Indian businessmen eager to invest in the US. China aced the list with 83.5 percent of the market share, whereas India comes is fifth with just 1.1 percent. Vietnamese businessmen bagged 280 visas in 2015 with 2.9 percent of the market share.
While the EB-5 investor visa undoubtedly provides the holder with permanent residency in the US, it conjointly comes with the clause that one must invest US$1 million in an US enterprise or a minimum of 10 local jobs in an rural or pre-defined employment areas marked for development.
The EB-5 investor visa is one of the easiest ways to immigrate to the US and a permanent residency. It is something that every businessman with an intension to establish a successful venture in the US will apply to. This is one of the major reasons why this visa is so much in demand among businessmen. The end goal of most businessmen is to establish and run a successful business, create and hire local employees and be granted Green Card for the investor and his / her immediate family members.