Indian investment in the United States EB-5 Immigrant Investor Program has hit record levels.
In fact, India is now the third largest beneficiary of the EB-5 immigrant visa program with investment rising by almost half last year.
Total investment by Indians in EB-5 projects in 2016 was $177million, up 48% on the previous year, according to the latest figures obtained by industry association, IIUSA, in June 2017 from the U.S. Citizenship & Immigration Services.
EB-5 investors are required to invest $1million in a project which creates at least 10 jobs or $500,000 in a rural or high-unemployment area. This is administered through an EB-5 Regional Center job creation project, approved by the US immigration authorities.
The prize on offer for investors and their immediate family is a coveted Green Card, allowing successful applicants and their close family to live and work in the United States.
Leading Central Florida developer, Feltrim Group, is visiting India for the first time on a trade mission during early September 2017 to meet real estate agents with clients who are interested in investing in EB-5 projects.
Feltrim Group has some exciting new projects in Haines City, near Orlando, Florida, that qualify for EB-5 investment through its Central Florida EB-5 Regional Center LLC.