The EB-5 visa programme is an easy gateway to obtaining a green card, allowing an individual to stay in the US. For Indians who wish to move to the US and qualify for citizenship, this programme will prove beneficial. Even amid complications due to COVID-19 restrictions, Indians felt overwhelmed in need of EB-5 visas.
Compared to other visa types, EB-5 offers simpler, quicker, and more reliable choices for Indians. The EB-5 visa also permits Indians to finance initiatives that are helpful in boosting US-based businesses while also providing jobs. The personal and professional objectives of Indians are fulfilled by selecting the EB-5 visa.
To secure permanent residency, there has been an increase in Indians applying for EB-5 visas. There has been expansion since 2022, when the United States government extended the renowned EB-5 visa programme. This becomes an excellent replacement route that awards green cards in exchange for investments.
There are no geographic restrictions on where an EB-5 visa holder can work or study. They also have the right to establish companies and cooperate. In addition, investors who satisfy the EB-5 visa programme’s requirements may be issued a conditional or temporary US green card valid for the first two years. After getting a conditional US green card, EB-5 visa recipients can apply with US Citizenship and Immigration Services (USCIS) to get their conditions removed.
Recent statistics reveal that citizen renunciations issued by the Indian government show that Indians are increasingly leaving their nation to seek a better life. Of the 2.25 million Indians who applied for citizenship in the United States in 2022. Almost fifty percent (78,284) picked the United States over other countries like Australia, Canada, and the United Kingdom.
Between 2016 and 2019, there has been a 400% rise in the number of citizens applying for EB-5 visas.