March 30, 2018

Investment linked US visa programme extended to September end, likely to see rush of new applicants

“MUMBAI: As expected, the EB-5 visa programme has been extended for six months, up to September 30, 2018. This extension is part of the spending bill, funding the US federal government, which was passed by the US Parliament and signed by President Trump.

As this is a mere extension and not an amendment to the EB-5 programme, various proposals such as an increased investment limit for the visa applicants is not included. Thus, applicants can continue to invest at the current lower norms.

According to immigration experts, the extension may see a sudden rush of applicants who want to beat any proposed reforms.”

– Lubna Kably, Times of India

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