US Golden Visa: Everything you need to know about EB-5 visa program

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The US EB-5 visa program, also known as the Golden Visa, attracts wealthy applicants seeking permanent US residency and significant investments. It was created by the Immigration Act of 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors.

The program contributes to the US economy simultaneously as it offers investors the opportunity to reside in the USA permanently. The EB5 Investor Visa has countless benefits for Indian citizens as well. The EB5 Visa Program is the fastest and the most impactful route to US residency for Indian citizens.

Here are some key points about the EB-5 visa program:

Investment Requirement:
To qualify for an EB-5 visa, foreign investors must make a minimum capital investment in a new commercial enterprise in the United States. The minimum investment amount is $1.8 million, but if the investment is made in a targeted employment area (TEA), which is an area with high unemployment or a rural area, the minimum investment amount is reduced to $900,000.

Job Creation:
The EB-5 program requires the creation of jobs for U.S. workers. The investment must lead to the creation or preservation of at least 10 full-time jobs for qualifying employees within two years of the investor’s admission to the United States as a conditional permanent resident.

Regional Centers:
The EB-5 program allows investors to participate through approved regional centers. Regional centers are designated by the U.S. Citizenship and Immigration Services (USCIS) and are focused on promoting economic growth in specific geographic areas. Investing through a regional center provides certain advantages, including indirect job creation calculations.

Conditional Permanent Residence:
Initially, an EB-5 investor receives conditional permanent residence for a period of two years. After two years, the investor can apply to have the conditions removed and obtain permanent residency (a green card). This process involves demonstrating that the required jobs have been created and that the investment has been sustained.

Visa Availability:
The EB-5 program has an annual limit of 10,000 visas, with 3,000 of those visas set aside for investments in TEAs. Demand for EB-5 visas has been high in recent years, leading to a waiting list for some countries.

Immigration policies and regulations can change over time, so it’s advisable to consult with an immigration attorney or visit the official USCIS website for the most up-to-date information on the EB-5 visa program

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