30 Oct

American EB-5 program offers an appealing alternative to Indians amidst H-1B visa uncertainties

The United States, with its robust economy, high living standards, and world-class education system, has long been a beacon of opportunity for ambitious individuals worldwide. It continues to attract millions of immigrants each year, offering them a chance to fulfil their dreams and aspirations. And throughout its long history, America has welcomed immigrants, who continue playing a vital part in the country’s success.

Among all immigrant groups in the United States, the achievements of the Indian American community are particularly noteworthy. Indian Americans permeate every level of American society, contributing significantly beyond their proportionate representation. Despite constituting only 1.35% of the US population, Indian Americans have co-founded 72 out of 658 unicorns in the country.

A testament to their remarkable success is the potential for a future US President to be of Indian descent. 

Indians who decide to immigrate to the US expect to secure a green card and eventually become citizens. Hence, they’re increasingly choosing to immigrate through the EB-5 route, which puts them on the path to permanent residency in return for a significant investment that creates 10 jobs for US citizens. 

Indian investors seeking to immigrate to the U.S. through the EB-5 route have four primary concerns: securing a green card, understanding the processing timeline, ensuring the safety of their investment, and knowing the timeline for financial returns. The EB-5 Immigrant Investor Program offers a unique pathway to address these concerns. 

The EB-5 Program: A Direct Route to Green Card 
Firstly, the EB-5 program provides a direct route to obtaining a green card. The process begins with filing an I-526 which may be processed in as little as 10 months or less. The final step of the EB-5 visa process is the I-829 application, which usually takes between 22 to 48 months. After the I-829 is approved, an investor’s family, including unmarried children under the age of 21 can live permanently in the US. 

Furthermore, unlike other popular immigration routes such as the H1-B visa, which ties holders to specific employers and industries, the EB-5 visa allows investors to work in any field or profession across the U.S. This flexibility is a significant advantage for those who wish to explore various opportunities in the dynamic American market.

Source: https://www.financialexpress.com/business/investing-abroad-h-1b-visa-american-eb-5-program-presents-an-alluring-alternative-to-indians-3649919/