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Immigration News

Immigration News

01-Oct-2018

EB5 VISA - EXTENSION TILL 7TH DECEMBER T0 APPLY ON THE PREVAILING INVESTMENT AMOUNT

Prospective applicants wishing to apply for permanent residence visa to USA through EB-5 visa can benefit from the extension time given upto 7th December 2018 according to the existing scheme.  This may help many prospective applicants to take benefit of the usual investment requirements of US $1 million or half a million dollars in quantified target areas.

For the first time, the number of EB-5 visas allotted to Indians has risen by 93% with 174 visas being allotted during 2017 fiscal.  Giving to latest official figures of the US Department of Homeland Security (DHS) during October and November 2017, the first two months of 2018, 307 prospective applications were pending from India.

About 10,000 EB5 visas are issued worldwide with 7% country cap orelse 700 per country.  The EB-5 programme allots green cards / permanent residency for the applicant and family members in exchange for their investments and an undertaking to create atleast 10 American jobs.

Currently, for Indian applicants the processing time for an EB-5 application is 18-24 months. The applications from India has crossed the 1,000 applications mark in the last twelve-month period that ended in September 2018. 

The present US Government wishes to revise the laws in the coming months as there have been many controversies to include several investor-related funds not been properly invested in approved projects and not meeting the investment norms. Therefore, the present Government has drafted a bill which will propose to hike the minimum threshold investment limit to $1.8 million and $1.35 million for investments.   

A conditional permanent residence status is granted to the investor and the family members (spouse and children unmarried and below 21 years) are eligible to apply. 

The EB-5 visa program is the fastest option towards Green card to United States.  To obtain Green card for the applicant and the family members.  EB-5 program is designed for high-net-worth families who would like to obtain Green card Permanent Residence visa through the Investment Program. 

Bilimoria & Associate has experience in lodging successful EB-5 application towards obtaining Green card to USA. We have many projects that have an exemplar approval given by USCIS towards processing a family application.

Please note all our EB-5 applications towards Green card are lodged in USA and the petition is approved by United States Citizenship and Immigration Services (USCIS).

Bilimoria & Associate is specialised in Immigration visas with 23 years of experience and will be able to guide applicants to lodge different types of visa applications based on your eligibility. Our expertise have undertaken over a billion dollars in projects, and have raised more than $300 Million in EB-5 investment and have completed almost 38 different projects in the last 10 years and have processed many EB-5 investor applications with 100% success rate.

Bilimoria & Associate liaisons with the Member of Oregon State Bar Association and Attorney in good standing, USA (OSB) and also liaisons with member of the American Immigration Lawyers Association (AILA) towards preparation of a successful application for EB-5 visa.

Applicants must be able to document the source and path of funds for the investment and Program fees. We can guide you towards preparation of an EB-5 application. Please contact us to learn more about the current EB-5 projects and towards lodgment of your Green card for you and your family to the USA!!

You can write to us to assess your eligibility a at:  neville@bilimoriaassociate.com  (or) contact us +91 44 2822 7222 2823 9229 / 4350 8191 between Monday – Saturday, 10.30 am to 5.30 pm. You can also fix an appointment with our office to meet us in person to discuss your eligibility.

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