Several countries, including the US, offer «investor visa» programme that provide a pathway to residency in exchange for significant financial investments. The US investor visa programme, known as the EB-5, allows individuals to obtain a green card, granting them the right to live indefinitely in the US.
This programme entails an investment in a US project, generally in real estate, that generates at least 10 jobs. To participate, investors must work with asset managers called «regional centers» (RCs) that are recognized by US Citizenship and Immigration Services (USCIS). Some of these RCs have offices or representatives in India, making the process accessible to Indian investors.
The RCs offer developers in the U.S. access to low-cost funding, which is a win-win for the Indian investor and the developer. One can also directly invest in a project that qualifies for the EB-5 programme, but direct investment is highly risky. It is best avoided, according to immigration experts that Mint spoke to.
“Generally, parents invest in EB-5 for their children either studying in the US or have just graduated. More importantly, it is a very well-defined path to US residency (Green Card) for individuals who intend to build a career in the US post college," said Arindam Sengupta of Edufund.
“Students in US colleges get to do optional practical training or OPT for one to three years after graduation, depending on the type of degree programme. Essentially, they can work for a few years. However, after that they must get an H1B visa to keep working and the H1B system is a lottery with a limited chance of getting a visa even if you find an employer. This is why many HNI parents in India opt for the EB-5 route," added Sengupta, who runs a
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