Indians concerned about changes in EB5, H1B and L1 visa

Assumptions are that under the administration of US president, Donald Trump more restrictions will be levied on the H-1B specialty worker visa and on the L1 visa programs which include L1A intra-company transfer visa which is restricted to the executives & managers and L1B intra-company transfer visa for workers having special knowledge.

Analysts have also raised a concern regarding the EB5 Immigrant Investor Visa Program. It is assumed that In future either EB-5 will be called off or it would become very difficult to obtain it.

Indians do not fall under the E2 Treaty Investor or E1 Treaty Trader visa category and hence are looking ahead to procure the EB-5 visa so that in future they can procure the Green Card for united states. The EB-5 Visa entails the high ‘net-worth individuals’ (HNIs) to apply for a Green Card and a PR for self and their immediate family members.

To avail EB-5 visa the prospective investors require making an investment of at least $5, 00,000 into an organisation based in the United States of America which will generate 10 or more jobs.

President of American Venture Solutions, Jose Latour, stated that, “Heightened awareness of the EB-5 programme, and the fact that there are not many other options accessible for the Indians to attain US Green Cards, have contributed to the increase in the number of applications filed for EB-5 this year.”