Tapping in on the aspirations of high networth Indians (HNIs) for their appetite for global footprint, US government is giving EB 5 Visa, which is more transparent and assures migration with a quicker eligibility for acquiring the Green Card within two years of time provided they meet the visa conditions, said G Sambasiva Rao, president of AP Chambers of Commerce and Industry Federation.
Delivering a key note address at a session on EB5 Investor Visa, here on Friday, he said it was crucial for individuals to do proper documentation, select the right partner and project that will generate the needed employment and give them return on investment.
Increasing awareness of the EB 5 Visa also leading to the spurt in Visa applications from India and it has touched 1500 in 2017 and it will be doubled in the current financial year going by reflective trends, he said.
According to Bhaskar Dulam, Director and COO of CrossBorders, Hyderabad-based HR and consulting firm, EB-5 visas are the best answer for enterprising Indians to get Green Card through an investment of $ 500,000 or $ 1 million.
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