EB-5 From India
While the EB-5 visa has becoming increasingly popular in India, it remains under-utilized by a country of 1.3 billion people. In the past few years, the number of EB-5 petitioners from India has doubled each year, yet the total number of petitions filed in FY 18 was just over 800. By contrast, Chinese have filed tens of thousands of EB-5 visas in the past few years. More Indian nationals (India, Dubai, Singapore, Hong Kong, Canada and the UK) are utilizing the EB-5 over the past three years, but there is much more room for expansion for additional EB-5 filings by Indians, before the type of backlog afflicting China comes into play. The EB-5 visa option for Indians is still a streamlined Green Card process which does not require the applicant to have either a job offer or specific educational qualifications; but instead requires a minimum investment of $500,000 in a job-creating, new commercial enterprise; coupled with the creation of 10 new jobs; and a requirement that your funds remain "at risk" over a period of two years after you are issued your Conditional Green Card.
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