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.
- 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.
- 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.
- 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.