US Permanent Resident Visa: Recent policy announcements that make EB-5 program more attractive for Indian investors
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The EB-5 Visa Program is one of the paths a foreign national can take to obtain a green card and become a permanent resident of the United States. Recent policy announcements by the USCIS have made the EB-5 program more attractive for Indian investors. The USCIS has rolled out several updates for the EB-5 program, including the introduction of concurrent filing, the EB-5 Reform and Integrity Act of 2022, and the fast-tracking of investments in Targeted Employment Areas. In October 2023, USCIS revised its policy on the minimum investment period required for EB-5 visa applicants, setting a clear two-year investment requirement. The launch of the online visa application system is expected to significantly enhance visa processing speed. In Fiscal Year 2023, the number of EB-5 visa applications showed a significant increase compared to previous years. The EB-5 program in India primarily attracts high-net-worth individuals and affluent families seeking U.S. residency. The future outlook for EB-5 adoption in India is positive, with around 676 EB-5 visas issued to Indians in FY 2023. The current investment requirement for the program is $800,000. USIF has held 2 roadshows in India in 2023, which have been successful in generating interest and attracting investors. The EB-5 program is considered a credible and sought-after path to obtain permanent residency in the US due to its alignment with U.S. economic goals, recent reforms, and policy changes that have made it more accessible and efficient.

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https://www.financialexpress.com/business/investing-abroad-us-pr-visa-recent-policy-announcements-that-make-eb-5-program-more-attractive-for-indian-investors-3382000/