EB-5 Program Offers Faster Green Card, Reports The Economic Times in Bangalore

A recent article in The Economic Times reported that many Indians who are hoping to avoid waiting years for a Green Card are taking advantage of the EB-5 program. The EB-5 is a visa program that offers families a path to a permanent Green Card, if the applicant makes an investment in the U.S. economy that creates American jobs.

Recent reports by the National Foundation for American Policy, notes the Times, showed that Indians with a university degree interested in getting a Green Card may have to wait up to 70 years, if they apply under the EB-3 visa category. The EB-5 visa, if one has the capital, can allow an applicant to avoid these waiting times.

With the economic downturn, the EB-5 has been gaining more attention because of its potential to create jobs. Some investment firms are looking to India to create awareness of the program and build interest in investing.