EB-5 Greencard for Indian Nationals: How to Invest in the USA and Get a Permanent Residency

The EB5 Green Card

The EB5 green card is a type of immigrant visa designed for investors, entrepreneurs, and anyone wishing to establish a business in the United States.

Besides making the necessary minimum investment, the business venture must generate 10 full-time jobs for American workers. The enterprise must also be a for-profit commercial business. Investments in real estate and non-profit organizations are not eligible for the EB-5 visa.

To secure an EB-5 visa, an investor has the option to make a direct investment or invest through a regional center. Regional centers are specialized firms that pool investment capital from several EB-5 investors to finance large-scale projects like resorts or apartment buildings. A direct investment refers to any investment that is not made through a regional center. Starting your own business or buying an existing one are examples of direct investments.

The EB-5 visa is a category of immigrant visa, hence it results in a green card for successful candidates. Upon securing an EB-5 visa, your partner and offspring can also obtain their green card.

Procedure for US Investor Visa from India – Detailed Steps, how does eb5 work

• Select an Investment consultant & Immigration lawyer or immigration attorney.
• Identify an EB-5 Project that fulfills EB-5 program criteria.
• Capital Investment & Submission of I-526 application to USCIS.
• Submit Adjustment of Status Application (I-485 form) and DS 260 form.
• Receive a 2-Year provisional Green card.
• Achieve Permanent residency & file I-829 petition.

Choosing Between Direct and Regional Center EB5, eb5 visa category

Every EB5 Investor is faced with the choice of pursuing their EB5-based “green card” through either the Regional Center or the Direct program. In our observation, a lot of Indian investors tend to mix up the notions of risk and control in making this choice. Although the Direct EB5 program gives an investor the opportunity to invest in their own business, a direct investment can pose a higher risk compared to an EB5 brics Regional Center-based investment.

Further details on deciding between a Direct and Regional Center EB5.

Direct EB5: Investment in Personal Business

A direct EB5 application enables Indian investors to invest in their own business. Given that around 90% of all EB5 investments are made via the Regional Center program, only a handful of law firms have any experience with Indian Direct EB5 applications. Global Immigration Partners PLLC aids investors throughout India in initiating and investing in private enterprises in the United States. Our company has aided Indian customers from all parts of India in establishing, growing, and purchasing EB5-eligible businesses in a wide range of industries throughout the United States.

Global Immigration Partners advocates for investors from all over India who establish and invest in private enterprises in the United States. Our company has supported Indian customers from all parts of India in setting up, expanding, and buying businesses in a variety of industries throughout the United States.

Further information on making a direct EB5 Investment.

EB-5 Regional Center: Investment via a Regional Center

Investing in a cmb EB5 qualified project via a Regional Center can be an efficient and straightforward pathway to U.S. Permanent Residency (also known as a “Green Card”). Among the more than 1,000 registered Regional Centers, only a handful have a proven track record of success. Many of our clients request introductions to this exclusive list of EB5 Regional Centers that have:

• Successfully repaid all investors across multiple projects;
• Received thousands of I526 approvals without any project-related rejections;
• Maintained over ten years of unblemished history;
• Secured I829 approvals for numerous projects without any project-related rejections.
• Choosing a Regional Center from over 600 registered entities can be challenging. For further assistance in choosing a Regional Center, contact us. EB5 Government projects.

Funding your EB5 Investment visa: The Reserve Bank of India (“RBI”) and the Liberalized Remittance Scheme (“LRS”)

The Reserve Bank of India (RBI) issues regulations permitting Indian Nationals to transfer money out of the country. These rules have progressively become more intricate over time. Under the Liberalised Remittance Scheme (LRS), the RBI permits Indian Residents to send money overseas up to a specified limit without prior approval from the RBI. However, many investors fail to comprehend that it’s not as straightforward as being permitted to remit the applicable allowed amount each Indian fiscal year, as additional limitations are in place. Non-compliance with these extra restrictions can result in penalties up to 300% of the transferred amount, necessitating expert advice.

In recent years, the RBI has adjusted the amount of capital that resident Indian Nationals can remit abroad using the LRS. The current LRS limit set by the RBI is USD 250,000.00 per individual per Indian fiscal year.

In July 2015, the Reserve Bank of India (RBI) released a directive aimed at significantly limiting the capacity of Indian citizens to transfer money overseas for investment purposes that would qualify them for emigration. However, this rule was altered in February 2016, necessitating that investors meticulously arrange their funds prior to sending them overseas.

A link to the most up-to-date version of the RBI regulations can be found on our company’s website. Although we are a US immigration law firm, our team includes counsels with dual qualifications who help our clients move funds for EB5 and L1 investment purposes. Click here for additional details on transferring funds out of India.

Latest Updates on EB5 news India, eb5 latest news

According to the Visa Bulletin from the United States Citizenship and Immigration Services (USCIS) for June 2023, there are no backlogs or additional delays in the processing timeline for EB-5 applications originating from India.

FAQ on USA Investment Visa for Indians

What is the annual quota of EB-5 visas issued by the US government to India?

At present, the US government caps the total number of such visas at 10,000 annually, with a per-country limit of approximately 700 visas. Therefore, the issuance of EB5 visas to Indian nationals is restricted to 700 per annum. This visa category is gaining popularity among affluent foreign nationals seeking to relocate to the US. Our Team

Is it possible for an Indian international student holding an F-1 visa to apply for an EB5 visa?

An EB-5 is indeed accessible to F-1 visa students from India who are currently in the US. In fact, the EB 5 is the preferred pathway for students and professionals in the US to secure permanent residency, allowing them to live and work anywhere in the US without requiring sponsorship from an employer. Learn more about USA Investment Visa

Is it possible for an Indian citizen to apply for EB5 in 2023?

Yes, Indian nationals are eligible to apply for an EB-5 visa this year. Despite efforts to curb immigration into the US, the EB 5 remains available. Any immigration bans or changes have specifically excluded the EB 5.

Is it possible for an Indian citizen to apply for a US Investor Visa while holding an H1b?

Indeed, an H1-B visa is a dual intent visa, implying that Indian nationals can pursue permanent immigration to the US via EB-5 while they are in the country on a nonimmigrant visa like H-1B.

Handling Your Application, how long does EB5 visa take

Your application MUST be submitted within the United States where it will be subjected to inquiries and procedures that a U.S.-based law firm can manage for you. Currently, all EB5 Petitions are handled in Washington DC. Consequently, Global Immigration Partners PLLC has established its main office in Washington DC, where we have a seasoned EB5 professional who liaises with the US government on behalf of our clients.

After your application has been approved in the U.S., the applicant living in India must attend an immigrant visa interview at an Indian consulate. All immigrant visa interviews at consulates in India are conducted either in Mumbai or Delhi. Global Immigration Partners maintains a presence in both of these cities and offers direct local support to our clients.

Consulate General of United States in Chennai, India