USA EB 5 Visa for Indian Citizens
What is EB-5 Visa?
The EB-5 Visa Program is a kind of investor visa that enables individuals of all nationalities to acquire residence permits in the United States by undertaking a specific investment in US commercial ventures.
In order to boost the American economy through the creation of jobs and capital investments by foreign investors, US Congress established the EB-5 Program in 1990. They initiated the Regional Center Program, also known as the Immigrant Investor Program, which reserves EB-5 visas for participants who invest in businesses connected with regional centres that have been given United States Citizenship and Immigration Services (USCIS) approval based on plans for fostering economic growth.
Due to the name of the employment-based fifth preference visa that participants receive, this program is also known as EB-5. The EB-5 Program is managed by USCIS.
Under this program, investors are qualified to apply for a Green Card (permanent residence) along with their spouses and unmarried children under the age of 21 if they invest the required amount in a business in the United States and plan to create or maintain 10 full-time, permanent jobs for qualified Americans.
The program gives investors the chance to live permanently in the US while also helping the US economy.
Benefits of EB5 Visa
- You can acquire permanent residency quickly.
- Under this Visa program, you can find employment or start a business.
- You do not need sponsors.
- You can travel and settle anywhere in the nation.
- EB5 Visa allows you to visit many countries around the world.
- You can enjoy the benefits of both citizenships - overseas Indian status and American citizenship.
- The program includes your spouse and your unmarried children under the age of 21. Your unmarried children automatically acquire the following rights as permanent residents through the USA EB-5 Visa for Indian citizens:
- Education: Access to a top-notch education.
- Scholarship: Enjoying different scholarship/funding opportunities and having tuition fees that are between 150% and 300% lower than those of other international students
- Employment: Variety of employment options without any limitations regarding work permits or the expiry of a visa.
Requirements for EB-5 Visa
You must fulfil a number of conditions in order to qualify for the EB-5 visa. The most important of these is to complete the necessary investment. Then, in addition to satisfying the financial requirements, you must also adhere to a set of procedures and provide specific documentation.
The following are the investment requirements for Indian nationals to obtain an EB-5 US investment visa:
- Investment: You have to invest at least $800,000 in a Targeted Employment Area or $1,05 million in a US commercial enterprise
- Job creation: You have to generate at least 10 full-time jobs for US citizens within 2 years.
Documents Required for EB-5 Visa
Several documents must be submitted for your EB-5 India application to be accepted. The required paperwork is as follows:
- Passport (valid) of you and your family members
- Comprehensive EB-5 business plan
- Registered household documentation
- Any documentation of previous immigration applications
- Documents supporting any additional funding sources
- Evidence of ownership of a business
- Any relevant business permits and licenses
- Source documentation for the investment amount
- Statement of the position/title and responsibilities
- Your criminal history or record
- Organizational paperwork and the partnership contract
- Bank statements and tax returns for the last 5 years
- I-526 petition that was approved demonstrating the beginning of the investment process
- Proof that the necessary investment has been made
- Evidence that the investment made into the regional centre will result in the creation of 10 direct or indirect full-time jobs for US citizens.
- Documentation that the establishment of the relevant business in a Target Employment Areas (TEA) Document.
EB-5 Visa Fees and Charges
Documents/Task | Fees |
USCIS Form I-526 filing fee | $3,675 |
USCIS Form I-829 filing fee | $3,750 |
EB-5 business plan expenses | $3,500 |
Immigrant visa application fee/ Adjustment of status fee: | $1,225/$345 |
Regional center administration fee | $50,000 – $70,000 |
Legal fee for the immigration lawyer | Varies depending on the lawyer |
Translation of documentation | Varies depending on the translator |
Business entity formation | Varies depending on the hired lawyer/company |
How to Get an EB-5 Visa
The EB-5 US visa for Indian nationals requires a specific process. It typically takes between 29 and 61 months to process an EB-5 visa. Here is a list of the things you must do:
Step 1: Consult with an expert (advisor or lawyer) to assist you with the process.
Step 2: Create an EB-5 plan that complies with program requirements.
Step 3: Make the necessary investment
Step 4: Submit Form I-525 to USCIS
Step 5: Fill out Forms I-485 and DS-260 to request a status change.
Step 6: Obtain conditional permanent residency for two years.
Step 7: Remove the restrictions placed on your status for obtaining permanent residency by submitting Form I-829.
FAQs on USA EB 5 Visa for Indian Citizens
- How does the US benefit from issuing an EB-5 visa to Indians?
The EB-5 encourages economic growth, and job creation especially in the development of underserved or Target Employment Areas (locations).
- What are the benefits of an EB-5 visa for Indians?
You get a legal status to live, work, and travel freely in the United States. You can get a permanent residency quickly and education and employment opportunities for your children. You will also get a monetary return on investment and don’t need a sponsor from America if you apply through an EB-5 visa.
- What is an Indian EB-5 visa?
EB-5 Visa is a type of visa where the investors are eligible to apply for a permanent residence/Green Card, together with their spouses and children (unmarried and under 21) if they meet the requirements. It is run by USCIS.
- Are EB-5 investors at risk? Do they get any refund?
EB-5 visa can be risky. The risk is similar to any investments you make elsewhere. So, they are no refunds. You are not guaranteed a return on your investment in the EB-5 project and must accept the risk of investment loss when you apply for the visa.
- Are Indian citizens eligible to apply for EB-5 in 2023?
Yes, Indian nationals may submit an EB5 visa application in 2023.
Disclaimer
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2025 BankBazaar.com.