Bigger India
As Trump administration tightens visa rules, Indians turn to ‘Golden Visa’ route
Entrepreneurs and parents of students studying in the US are rushing to invest at a cheaper price. "Since the investment is likely to get more expensive, Indians want to cash in at a cheaper price
As the Trump administration considers tightening of visa regimes facilitating legal immigration to the US, the latest extension in deadline for the EB-5 visa has caused a renewed push for wealthy Indians vying to take the commonly called ‘Golden Visa’ route.
Since September 2015, there have been sustained efforts by the committee for US immigration to increase the minimum investment for EB-5 from $500,000 to $920,000. But, the deadline for the increase has been continuously extended with January 19, 2018 being the latest.