According to sources Anuj Patel, MD at LD Capital Bridge, a US-based commercial lending firm said US EB5 Visa scheme was introduced by the US Congress in 1990, the EB5 visa programme allows an individual to invest $500,000 in either of two Targeted Employment Areas (TEAs) a high unemployment area in a US metropolis or a rural area outside of a metro or $1 million in a non-TEA area that can create 10 or more jobs and get US citizenship in a shorter time than H1-B visa holders. 




Meanwhile the EB-5 program gained popularity as the laws for H1-B got tougher and uncertain this year. Currently, more and more Indians graduating from U.S. universities are opting for the EB-5 visa which grants them the green card in the shortest span.

Image result for 8.	US' EB5 visa scheme extended till December 22

Further Patel said "At present India stands in the sixth position for EB-5 and with more awareness spreading about the various programs, EB-5 applications from India shall rise”. However, the US Congress in September extended the scheme by three months. This is the second extension this year. 


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