FREE Sign upLogin
More Indians prefer US EB-5 visa route with assured migration, Green Card

More Indians prefer US EB-5 visa route with assured migration, Green Card

A large number of Indians are queuing up to invest in businesses in the US through the EB-5 Investor Visa which assures migration with a quicker eligibility for acquiring the Green Card. In the past four years or so, the number of high networth individuals, corporate executives and businessmen opting for the EB-5 visas has nearly tripled, with over 350 applications in 2016.

A prominent expert and Managing Director of US Freedom Capital, David Gunderson, says though the 2017 figures are awaited, EB5 — also known as the “golden visa” — is gaining huge popularity due to “tightening of other visa categories, a more transparent EB-5 process and more Indian HNIs showing appetite for a global footprint”.

At present, under the EB-5, an Indian is required to invest $500,000 (Rs 3.2 crore) for self, spouse, and any number of unmarried children, he said.

According to latest reports from the US, the Trump Administration plans to hike this amount  to $920,000 per applicant in the regular category. “There is no minimum education or income requirements, except to prove that the investment amount is legitimately earned from business, profession, inheritance, gift or even a loan against collateral,” Gunderson told IANS recently.

Among various investment options, the US Freedom Capital has introduced the EB-5 FD+Green Card scheme for $1 million, that offers an eight per cent return — against the industry standard of 0.5 per cent for the five-year investment period. “We intend to provide higher targeted returns than an Indian fixed deposit, which will allow the investors get Green Cards for self-and-family plus an attractive return on investment,” Gunderson said.


http://freepressjournal.in/mumbai/more-indians-prefer-us-eb-5-visa-route-with-assured-migration-green-card/1219386

Mentions


Subscribe for News

Site Digest

Videos

by Chloe
196January 24, 2017
Avasis Promo Video Cut 3
176March 02, 2017
Welcome To Cipolla LAw Group
185February 06, 2017

Categories

Free eb5 consultation

Securities Disclaimer

This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.