EB5 visa: ‘Partial investment option can reduce financial burden,’ expert as US Golden visas get costlier
₹3,00,000) to USD 11,160 (over ₹9,00,000). Nicholas A. Mastroianni, President and CMO, US Immigration Fund in an exclusive interview to Livemint elaborates on how it will impact ‘volume of visa applications from India’, the future outlook of the visa category in India and other details.
In response to the upcoming USCIS fee hike, our strategy involves a partial investment option for EB-5 applicants to minimize immediate financial burdens. By allowing an initial investment of $200,000, we enable investors to file their application before the fee increase takes effect, providing a window to arrange the remaining $600,000. This approach is designed not only to circumvent the fee hike but also to offer a more manageable financial pathway into the EB-5 program.
Post the fee hike, our commitment to supporting EB-5 applicants will intensify. We plan to offer comprehensive advisory services tailored to the new fee structure. Our support will encompass financial planning, investment strategy guidance, and personalized assistance throughout the updated process.
By equipping investors with the necessary information and strategies, we aim to ensure that they remain well-prepared and can navigate the fee adjustments effectively. Our goal is to maintain the accessibility of the EB-5 visa process, ensuring a smooth transition for investors despite the financial changes brought about by the fee increase. The October 2023 policy revision by the United States Citizenship and Immigration Services (USCIS) marks a pivotal change in the EB-5 investment framework, introducing a definite two-year investment duration requirement from the moment funds are deployed into a job-creating venture.
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