Instead of perpetually waiting in Green Card queue as an Indian, have ppl thought about or gone through EB-5 visa route? Which companies will enable engineers to make/save $500k required for investments in 3-4 years?
Why would any company be motivated to do that? In fact it is good for the company if you are dependent on them.
investor visa is investment in remote rural area generating employment for local us citizen people.
Do you get back the money you invest in EB5 ?
depends if your investment makes profit or goes bust
You can buy citizenship in some countries for a lot less money, and then apply for green card as a national of that country, pretty sure that way the waiting time won't be as much
Check out how to become a citizen of Macedonia or Dominican Republic, then compare the GC waiting period for those nationals vs an Indian national.
GC waiting period is based on citizenship at birth.
no. greencard processing is always based on country of birth
Do you guys know anyone who got green card using this route. Is it certain that you'll get it if you invest this much and how quick is it
OP here. For $500k min investment one would need to make $800k in pre tax money. Joining and busting your ass off in which company is one likely to save $500k post tax?
OP, Why don't you consider Canada? Their immigration process is more predictable and short.
Yeah I need to look into that option.
I know people who got this GC with 500K down but the investment companies seem dodgy and I wouldn't be surprised if it ends up with serious loss of money. The GC is also 2yr temporary after which you have to prove creation of 10 jobs which isn't straightforward.
I thought it had been raised to $1M
there is provision for low investment in targeted high unemployment areas.