Great news for Indian EB-5 visa applicants! The US Department of State reports significant progress, advancing the final action date for India from December 2018 to December 2020. This is a positive development for those patiently waiting in the EB-5 backlog. Applicants who petitioned before December 1, 2020, are now eligible for available EB-5 visas.
The fiscal year 2024 sets family-sponsored preference at 226,000 and the global employment-based preference at a minimum of 140,000. The EB-5 program offers a unique opportunity for investors, requiring a minimum $800,000 investment in a US-approved real estate project, creating ten full-time jobs for US citizens.
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