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Don’t miss the latest developments in business and finance.
EB-5 visa: What is it, who can apply and how it is different from H1-B 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, EB-5 visa application fees to shoot up under proposed USCIS rule
H-1B visa petitioners would also need to pay $215 in pre-registration fees, up from the current $10 fee
More high-net Indians, Chinese applying for US 'Golden visa': Report
The Golden or EB-5 visa allows foreign investors to fast-track their application for permanent residency in the US
From April 1, Indians will have to pay $50,000 more for EB-5 investor visa
It is often used by start-ups as a way to expand their business into the US market
US raises threshold investment level for EB5 visa from $1 to $1.8 million
Under the new rules, individuals need to invest $900,000 in a Targeted Employment Area, as against $500,000 earlier
EB-5 visa may double by January 2019; 10,000 are up for grabs every year
The visa promises foreign citizens a faster route to permanent residency in the US; 10,000 are up for grabs every year
