Thousands of Indians and Chinese Await US Green Cards!

Wed Sep 21 2022 12:22:00 GMT+0530 (IST)

Land of opportunities America is a dreamland for Indians and other Asians given the quality of life and other facilities. Despite the long waiting period, Indians are not changing their minds and they are ready to wait for the visa process to start. Not just the H-1 B Visa, but other visa aspirants also have the same interest.



Looking at the craze among the other nationals to enter America, the United States Administration launched US EB-5 Immigrant Investor Programme back in 1990. The programme invites foreign investors to make investments so that the wealth in the country increases.

India and Dragon Country China have been fighting each other and the competition continues in getting the US EB-5 Immigrant Investor Programme visa as well. Thousands of people from both nations are showing interest to leave their respective nations to move to the land of opportunities.

A few consultant firms say that around 10,000 rich people from China and around 8,000 rich people from India are gearing up o move to America. They will get their green card visas there after reaching the land of opportunities.

The US administration has eased the regulations for the process of the EB-5 programme and the process was eased. By offering transparency in the process, the administration said that the investors can live and study in America while the visa process is going on.

The new Act says that the applicants can make their investments in the entity that offers employment. Earlier, there was no such facility as it was not allowed, But the Joe Biden administration announced many relaxations in the process so that many rich individuals from other nations will prefer America to get the Green Visas.

It is known that the United States administration announced many relaxations under the EB-5 Reform and Integrity Act of 2022 to attract many investors. Besides offering transparency in the visa process and offering security for the nationals who make investments, the administration had speeded up the visa process.

The Golden Visa programme has been making wonders for the United States for the past one and a half decades as billions of investments reached America. By easing the possess, the Joe Biden administration is aiming for a rise in investments.



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