India Is Growing Rapidly With Majority Of US Green Card Visas

11 Oct 2018

India is the active growing country for green card visas or US EB-5 applications, as the nations rich individuals, business people, and MNC officials are representing investments in the global largest economy to ensure a future for themselves and their kids.

The rise in demand is seen even as the 03 decade-old program remains to be hotly discussed in the US Congress because of asserted irregularities, including those concerning possible money laundering.

US EB-5 Visa Requirement and Impact on US Economy

The EB5 visa is a path to US permanent citizenship by investing $500,000 and creating minimum 10 jobs. It got its 19th expansion prior to this month even as some Congressman asked many changes and others, its close.

There has been a growth of 30-35% year-on-year in the India EB-5 market,  the chief operating officer for AVG America is Aaron Schock and this company that encourages candidates to invest in the business of America told reporters in a current interview.

The program is existing from 30 years. Approximately 95% of the program typically has been within Manhattan and China. In the latest few years, however, the rest of the globe has heard about the program, and it has risen dramatically in nations like India.

The US says we have never concentrated on China, which is presently facing a regression, told by co-president of LCR Capital Partners, Sherman Baldwin, in an exclusive interview.

Latest year, India considered for 500 of a sum of 10,000 EB-5 applications in the USA. India presently stands fifth after China, Vietnam, South Korea, and Brazil regarding the specific number of appeals. But the trends are transforming.

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