Indians planned to get golden visa

New Delhi, May 10: As we know that, Trump govt has applied the strict rules against the issue of H-1B Visa. However, The Indian experts have chosen a new alternate route to get the green cards for themselves and their families.

In-depth into matter, the Indians to follow the EB-5 Investor Visa program, this green card provides an opportunity for immigrant foreign nationals and their immediate family (children up to the age of 21) to obtain US green cards.

The EB-5 visa - popularly known as the "Golden Visa" - does not come cheap though. To be eligible for the visa one has to make a one-time investment of a minimum $500,000 into a new US business that creates 10 or more American jobs.

The EB-5 visas awarded to nearly 10,000 members per every year, due to increased awareness of the EB-5 program and the uncertainty surrounding H-1B visas, more and richer Indians are flocking to the golden visa programme to get the coveted US Green Card.



Every week, on average, three Indians are signing up to shell out half-a-million dollars each to have a go at living the American dream, a report said.

According to immigration regulator US Citizenship and Immigration Services (USCIS), the EB-5 program created by Congress in 1990 to stimulate the US economy through job creation and capital investment by foreign investors.

The EB-5 visa program would allow foreigners, who invest between $500,000 and $1 million in qualified projects in the US, to apply for permanent resident status for themselves and their families.

Meanwhile, the EB-5 visa was not popular initially, however after the 2008 financial crisis, the program has seen massive interest from Chinese millionaires.