What is EB-5 visa program and how it is useful for Indians

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EB-5 visa program

New Delhi: The EB-5 visa program is a federal immigration initiative in the United States that offers a route to lawful permanent residency and citizenship for eligible investors. The program aims to attract foreign investment and promote economic growth while creating at least 10 full-time jobs for qualified U.S. workers. The program can be a compelling pathway for Indian students seeking to study and establish their careers in the United States.

Requirements

  • The investor must make a minimum investment of $800,000 USD in a new commercial enterprise in the U.S.
  • The investment must lead to the creation of at least 10 full-time jobs for qualifying U.S. workers.
  • The investor, their spouse, and unmarried children under 21 can become conditional permanent residents after approval.
  • After two years, they can apply to have the conditions removed and become permanent residents.

Benefits

  • The program can offer Indian students numerous benefits as they pursue higher education in the United States, such as:
    • Providing them and their families a pathway to US residency, ensuring they can remain in the country without any of the uncertainties associated with student visas.
    • Increasing their access to US public colleges and universities, and potentially qualifying for in-state tuition in some cases, significantly reduces the cost of education.
    • Providing a greater level of stability and flexibility, freeing them from many restrictions of other visa categories.
EB-5 visa program

Employment Prospects

  • The program can greatly improve the employment prospects for Indian students after they complete their studies in the United States, such as:
    • Giving them unrestricted access to the US job market, eliminating the need for employer-sponsored work visas like the H-1B, which are subject to caps and lotteries.
    • Allowing them to pursue any career path they choose, without being tied to a specific employer or industry.
    • Enhancing their chances of obtaining higher salaries, better benefits, and more opportunities for advancement.

Conclusion

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