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Mon, Jan 22, 2018 | Last Updated 12:02 am IST

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India takes number three spot in total number of EB-5 applications after China and Vietnam

India takes number three spot in total number of EB-5 applications after China and Vietnam
India takes number three spot in total number of EB-5 applications after China and Vietnam
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Bengaluru sources have stated that as the Donald Trump’s administration considers tightening of visa regimes facilitating legal immigration to the US, the latest extension in deadline for the EB-5 visa have caused a renewed push for wealthy Indians vying to take the commonly called 'Golden Visa' route. 




Since September 2015, there have been sustained efforts by the committee for US immigration to increase the minimum investment for EB-5 from $500,000 to $920,000. But, the deadline for the increase has been continuously extended with January 19, 2018 being the latest. 

India takes number three spot in total number of EB-5 applications after China and Vietnam

Meanwhile the entrepreneurs and parents of students studying in the US are rushing to invest at a cheaper price. Abhinav Lohia, executive vice-president India and the Middle East, CanAm Enterprises, an EB-5 immigration service consultant stated "Since the investment is likely to get more expensive, Indians want to cash in at a cheaper price”. 


India takes number three spot in total number of EB-5 applications after China and Vietnam
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