The United States Investment cum Permanent Residence program received a tremendous response from investors from all over the world. 1200 Indian Investors applied for the EB-5 investor program in the current year.
The United States approved 111 EB-5 visas to Indians, between October 2014 and September 2015.
EB-5 investors program is a popular program of the United States to attract investors who can contribute to the growth and create jobs.
From October 1 United States increased investment cap from $ 5,00,000 to $ 8,00 000 for EB-5 investor program.
The EB-5 program is gaining popularity, considerably 18000 applicants applied for the program last year.
During the financial year 2015, Chinese investors received 8150 visas; Indians are much behind in obtaining the permits. This year number of applications increased drastically and may rise further as the program is gaining popularity in India.
This visa accepts applications in two categories the direct investment route and the regional central investment programme.
The direct route demands $1 million investment for setting up a new business and creates ten full-time jobs.
The second visa program requires $ 5,00,000 investments for the American projects.
This investors program grants permanent residence to the applicant and his family members.