For many Indians, the goal of living and working in the United States has been a long-term dream. Together with H-1B skilled worker visas, a growing number of high-net-worth people are considering another option that can be more direct and certain, the EB-5 Immigrant Investor Program. The EB-5 program allows individuals and their immediate family members to ultimately obtain a U.S. Green Card by making a qualified investment in a U.S. business that creates jobs. Engaging in this process requires an understanding of U.S. immigration law, and that is why having a specialized professional firm to assist with the process is essential. This is certainly true for the EB-5 visa consultants in Bangalore.
The U.S. Citizenship and Immigration Services (USCIS) administers the EB-5 Immigrant Investor Program. The overall purpose of the EB-5 program is to stimulate the economy by capital investment and job creation. The investor must invest in a “new commercial enterprise” and create or preserve at least 10 full-time jobs for qualified U.S. workers within two years.
Source: U.S. Citizenship and Immigration Services (USCIS)
Understanding the EB-5 Visa from India
The popularity of the EB-5 visa from India has been increasing over recent years. Increasing the demand for an EB5 visa consultant in India. It is partly because the wait times and backlogs in some of the employment-based visa categories can be very long and uncertain. This means that for Indian nationals, the EB-5 program is a more clearly defined and faster route to permanent residency. The investment requirement is a critical factor. The current minimum investment amount for an EB-5 visa is $800,000 if the investment is made in a Targeted Employment Area (TEA), which is a rural area or an area with high unemployment. If your investment is made outside a TEA, the minimum investment amount is $1,050,000. It is imperative that you have a clear and verifiable source of these funds. USCIS will conduct thorough checks with your petition. USCIS wants to be sure that the capital was obtained Lawfully.
This is a multi-stage process that requires exactness at each point along the way. It begins with selecting a qualifying investment project (which is often through an approved Regional Center because it makes the job creation aspect easier). Once the investor has selected a qualifying project, the investor files Form I-526E, Immigrant Petition by Regional Center Investor. After the I-526E petition has been approved, the investor can either adjust their status (if the investor is physically in the U.S.) or apply for consular processing for an immigrant visa at a U.S. embassy or consulate in India. After two years of conditional residency, the investor would file Form I-829 to remove the conditions on their Green Card and demonstrate that the investor created the necessary jobs through the investment.
Interest in the EB-5 visa program from India has had some specific considerations for Indian applicants in terms of the visa bulletin and possible backlogs. The U.S. Department of State publishes the visa bulletin which tracks visa availability by country and by category. Although rural TEA projects may provide a faster path, it is important to be aware of current processing times. This is where an experienced EB-5 visa consultant in India can assist in knowing the current latest developments.
Source: U.S. Department of State, Visa Bulletin
The Critical Role of EB-5 Visa Consultants in Bangalore
For prospective investors in Karnataka, finding reliable EB-5 visa consultants in Bangalore is a pivotal first step. The right consultant acts as a navigator through the intricate world of U.S. immigration law and investment options. A reputable consultant for EB-5 visas in India does not merely assist you in completing forms; they help you every step of the way based on your own unique financial and professional background.
The consultant will begin with an extensive eligibility analysis beyond just your financial eligibility; they will analyze every aspect of your financial eligibility and the lawful source of your funds to ensure you meet all of the requirements. Once the consultant is satisfied, they will help you with the important process of selecting a viable, compliant EB-5 project with due diligence on those Regional Centers and specific projects to ensure that the Regional Centers are appropriately managed, and suitable and dependable; and they have a good record of job creation, and I-526E approvals, and I-829 approvals.
Source: FRR Immigration Official Website
The most complicated aspect of the EB-5 Immigrant Investor Program is the documentation to prove the lawful source of funds. This often requires a meticulous review of business revenues, property sales, or other professional records, all of which can be laborious especially for applicants with multiple sources of income. A professional EB-5 visa consultant in India can prepare and assemble this documentation in a thorough manner in order to maximize the approval likelihood of your petition. As someone who is familiar with the USCIS review process they are aware of what matters are likely to raise queries, or requests for additional evidence.
Choosing to apply for US citizenship by investment is an important life and financial decision. It is not only about the nature and amount of investment, but also about a future for you and your family. For the entire EB-5 process, from consultation to full approval, it is both welcoming and helpful to have an experienced and knowledgeable partner who has familiarity with an investment you are involving yourself in. They can help ease the process, and help you sleep at night while the process is underway. In effect they will allow you to enjoy your personal and professional life while dealing with the challenges of an immigration process.
Source: FRR Immigration Official Website
How FRR Immigration Can Help
At FRR Immigration we appreciate the distinct expectations and needs of our clients from India, and our group of EB-5 immigration consultants in Bangalore is committed to providing effective and personalized advice. We value transparency, build trust, and lead with knowledge of the EB-5 Immigrant Investor Program.
Here’s how we will assist you with the process of your U.S. Immigration application:
- Consultation and eligibility assessment: The process begins with a comprehensive one-on-one consultation, during which, we will discuss your financial profile and expectations for immigration, assess your eligibility for the EB-5 program and develop a bespoke plan.
- Project Selection and Due Diligence: Our group only works with a few reputable U.S. Regional Centers and presents you with a selection of pre-screened projects. Our team then presents due diligence reports that cover the project financials, ability to generate jobs, and track record of developers to support you in making an informed decision.
- Source of Funds Documentation: This step is often the most complex part of the entire application. Our specialists guide you step-by-step so that you gather and organize all necessary financial documents to demonstrate in a clear and direct “source of funds” report that it meets the standards of USCIS.
- Application and Filing Support: We complete the entire application process including preparing and filing Form I-526E and further petitions. Our process involves significant care and attention to detail, completing and reviewing all forms and supporting documents to confirm with your application. This lowers the chances of delays and denials to your petition.
- Post-Filing and Ongoing Support: Our relationship does not end how you file your petition for your EB-5 visa. We provide on-going support including a full preparation for your consular interview and removal of conditions on your Green Card through the I-829 petition.
Acquiring a Green Card through the EB-5 visa from India is a life-changing decision. It requires a major financial investment, and you need to ensure you get the benefit of legal and strategic expertise. When you choose the best EB-5 visa consultants, you are investing into a smooth, professional and successful immigration process, start to finish.
Ready to start your U.S. immigration process?
Contact FRR Immigration today to schedule a consultation with our EB-5 visa consultants in Bangalore and take the first step toward securing your U.S. Green Card.