Indian nationals, if you’re looking to immigrate to the United States through the EB5 visa program India, you no doubt have some questions. Below, we will go through the top 5 things an Indian national like yourself should consider when thinking about the EB5 visa program India.
1. Second Fastest Growing Visa in India
The EB5 visa program India is the second fastest growing program in the world. There are many reasons why, but the biggest is that it could be your clearest and shortest path to U.S. citizenship.
Another big plus is that unlike the H1-B visa, where you’re waiting to find an employer who’ll sponsor you, you’re sponsoring yourself.
2. There Are Already Indian Immigrants in Houston
One of the scariest things about immigrating to a new country is adjusting to the unfamiliar culture and getting to know new people. If this is your concern, we have good news. There are many Indian immigrants already in the Houston area! Some may have also gone through the EB5 Visa process and know what it’s like. It’s always helpful to have a friend who can relate to your experiences when you immigrate.
While there are definitely a lot of new things to explore, you’ll still get to see some familiar things (and maybe make some new friends) as well.
3. You can Become a Permanent Resident Quickly With the EB5 Visa Program India
Another concern you may have is about time. How much time will it take to get through the EB5 visa program for India? The good news is that unlike other visa programs, you could become a permanent resident within 3-4 years!
Other visa programs are filling up fast. So fast, in fact, that the EB5 program for India could be a quicker track to permanent residency than those on the H1-B visa.
Learn more about the EB5 here!
4. There May Be a Delay Coming
While the EB 5 visa program for India is still open, there could be a delay in the next two years. It’s unknown if it will happen in 2019 or 2020. However, there is still plenty of time to get the process started, so you could be well on your way long before the backlog begins.
5. There May Be People in India Who Can Help
The best way to speed up the process and ensure quick movement through the EB5 visa program for India is to document your source of funds. Having documentation gives a clear look at your flow of cash which makes things easier to verify.
Under USCIS regulations, you also must demonstrate or provide proof that your assets were gained in a lawful manner. This requires you to prove that your investment funds were obtained through lawful business, salary, investments, property sales, inheritance, gift, loan, or other lawful means.
Were your funds gifted to you by a relative or parent? Great! Just be sure to provide proof that all the appropriate gift taxes were paid. You should also provide proof that the funds were gifted in a simple transaction and won’t be paid back to the person who originally gifted the funds once permanent residency is granted.
Another tip to speed things up is to work with an international tax firm. There are few reasons to do this. First, an international tax firm may have people in India who are familiar with both U.S. and Indian tax laws.
Second, there are capital controls in place. You can only bring in $250K per year per person. If you need to bring in more than the allotted there are options available to do it. An international tax firm could give you good advice on how to deal with this.
Third, they’ll be able to help you with world taxation. Any foreign national seeking permanent residency in the U.S. will not only pay U.S. taxes, but they’ll also have to pay their home country’s taxes as well. An international tax firm would be able to see what tax treaties India has with the U.S. and help you plan the best tax strategy to save you money!
Invest in Your Immigration Future with Houston EB5 Today!
Houston EB5 is a subsidiary of DC Partners, an award-winning real estate development and investment firm with the financial strength and expertise to complete assets of all sizes and types. Houston EB5 was founded in 2010 to help international investors gain permanent United States residency in return for making a qualified real estate investment.
Our current opportunity project, Thompson San Antonio, is available for EB5 investment. Contact us to get you started on your journey to United States citizenship. The deadline to get started in the EB5 program is September 30. If you’re interested in investing in your immigration future, call 1-281-565-1067 or contact us online at info@houstoneb5.com.
EB5 Visa Program India – Top 5 Things to Consider|Houston EB5 – Houston, TX
