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.
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”.
