EB-5 Investor Immigration Program for Indians ? Latest updates

Posted by Green Card Resolutions on October 13th, 2018

There is the latest deadline in the extension of the US EB5 visa, now it is also popularly known as the "Golden Visa". This excellent program helps Indian to migrate to the USA. It allows foreign nationals and Indians to apply for a green card by investing in the US. There are investments limits that fall under the scheme and are expected to be hiked sharply, according to an expert.

As per the sources and the reference link gave the Office of Management and Budget earlier this month has released the Spring 2018 Unified Agenda, that meant to indicate the people of regulations under consideration to the US administrations. It plans to enact and seeks all the other things that fall under this program. It is also said that there can be a sharp hike in the EB5 investment limit from the current 0,000 and million.

One of the official from Office Management and Budget stated earlier Stating that the administration of former US President Barack Obama that proposed the changes in the regulations of EB-5 program, just before he left the office in January 2017, (an official said) – Here 0,000 limit will go up to .35 million and the rest million limits will be hiked to .8 million.

Just to start with a brief about this amazing program on immigration to US – it was introduced in 1990, where EB5 visa programme now permits the individual to invest 0,000 in either of two Targeted Employment Areas (TEAs) -- a high unemployment area in a US metropolis -- or million in a non-TEA or a rural area outside of a metro area that can develop 10 or more jobs, and get US citizenship in a lesser time than H1-B visa holders.

But when Trump came in the power there were many changes seen in the US immigration program for Indians. It called for sterner norms for issuance of H1-B visas, mostly availed of by Indian IT firms, but apparently, the EB5 visa has been in a huge demand for the squatter route to citizenship which it offers. For example, a private member's bill was also presented last year in the US Congress by Democrat Zoe Lofgren, which pursues to upsurge the minimum salary of an H1-B visa holder to a gigantic 0,000 from the current minimum of ,000.

The implications of this were seen in March this year, where the US administration announced the interruption of premium processing of all H-1B visa petitions for the coming fiscal year - 2019 which will be starting from October 1, 2018.

Having said this, this information is from a recent source for you to be updated on policies and changes going on with the EB5 program. But we at Green Card Resolutions want you to be aware of all these current situations so that you are not fooled or misguided.

Reach us in case you have more queries we will be happy to serve you with best of the services and support.