Quick access to US EB-5 golden visa for Indian GCC residents

Quick access to US EB-5 golden visa for Indian GCC residents

The EB-5 Immigrant Investor Programme, the US golden visa equivalent, is now in full swing. Residents of the UAE and neighbouring Gulf countries can file their US green card applications with an investment of $800,000 in a government-pre-approved real estate project in the US.

The EB-5 programme is popular among residents of the GCC because it provides quick access to the US and its eligibility criteria are not as stringent as other Western immigration programmes. The programme does not have previous professional experience, English language proficiency, or minimum education requirements. EB-5 investors are only required to show that the funds used for their investment originate from lawful sources and that they have created at least ten full-time jobs for US persons. With an investment of $800,000, applicants can include their spouses and children under 21 years of age in a singular US Green Card application.

With recent investor-friendly reforms to the EB-5 programme through the passage of the EB-5 Reform and Integrity Act of 2022 in March, the US golden visa now has greater appeal to families looking to migrate to the US, especially for Indian nationals residing in the GCC. The new EB-5 legislation created three new categories of visas for