Indians Surge for Applying to US EB-5 Visa as Fee Increases from November
Posted on: 12 Aug 2019
EB-5 Immigrant Investor Program after the announcement of few recent changes is having a surge among Indian applicants, as there is a fee hike from November. The Trump administration wants to increase the standard minimum investment to $1.8 million from $1 million.
The USA Green card has a new route
For Targeted Employment Areas having an acute unemployment, the investment requirement was raised from $5,00,000 to $9, 00,000 due to the 50 percent difference in investment sum between Targeted Areas and non-TEA areas. The new rules come into effect from 21st November, 2019. The rule also states that there will be an automatic adjustment in the investment amounts owing to inflation after five years.
US Immigration and some changes
This instance is the first since 1993 when the rules changed in a significant manner. The increase in investment requirements will also lead to an increase among Indian applications in the future months.
https://www.immigrationnews.com/indians-surge-for-applying-to-us-eb-5-visa-as-fee-increases-from-november
