As US tightening the norms for issuing the H1B visas, a temporary work visa for foreign workers with a job offer in a specialty occupation, the EB-5 visa is fast gaining popularity as an alternative to it . India stands fifth in the countries who invest for the EB-5 visa.Reason for investing and gaining popularity that it is a sure shot chance to get a US green Card and not dependent on any other visa category.
As per record China makes up about 80 percent of the overall (EB-5) market. It is so popular that there is a waiting list. In 2016 as per data 14,000 investors from china while India had about 300.
India has been slow to take up on the opportunity and stands fifth in terms of countries that invest in the EB-5 visa category, after China, South Korea, Vietnam, Brazil. The most popular industry that EB-5 visa holders invest in is real estate because of “safety of capital".
Under the new rules, an IT company that is seeking an H-1B has to demonstrate that the visa beneficiary has an actual work assignment in a specialty occupation for a specific period.
It is a better option to adopt more and more into EB-5 visa catagory.
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