EB-5 immigrant visa is an increasingly viable path to permanent residency for NRIs and their families

The EB-5 Visa is an employment-based immigrant visa category that provides permanent resident status in the United States. EB-5 visas are issued through the U.S. Immigrant Investor Program, which is overseen by the U.S. Citizenship & Immigration Services (USCIS). The Program allows foreign nationals the opportunity to become conditional permanent residents for a period of two years upon making an investment of $800,000 (based on current USCIS guidance).

This investment must be in a new commercial enterprise that is located in a designated Targeted Employment Area and must create at least ten new jobs for U.S. workers, either directly or indirectly. Once the job creation requirement is met, the conditions are removed and investors obtain unconditional permanent residency.