EB-5 Visa

H1-B visa requires a sponsor for the immigrant to stay in the US but no such sponsorship is needed in the EB-5 scheme

H-1B visa petitioners would also need to pay $215 in pre-registration fees, up from the current $10 fee

The Golden or EB-5 visa allows foreign investors to fast-track their application for permanent residency in the US

It is often used by start-ups as a way to expand their business into the US market

Under the new rules, individuals need to invest $900,000 in a Targeted Employment Area, as against $500,000 earlier

The visa promises foreign citizens a faster route to permanent residency in the US; 10,000 are up for grabs every year