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Tuesday, January 30, 2018
India will become the second largest EB-5 visa market in the world
"With the fate of the H-1B visa programme, which has long
been used by the Indian IT industry for skilled workforce transfer to the US,
still hanging in the balance, the EB-5 visa has emerged as an alternative. The
visa involves a high initial investment of USD 500,000 but guarantees
relocation to the US, and has been untouched by the US Congress for over two
decades now. In an interview with Moneycontrol, Westport, Connecticut-based private
investment firm LCR Partners’ co-founder Rogelio Caceres and general counsel
Matthew Virkstis, talks about why India is set to overtake Vietnam as the
second largest EB-5 market this year in the world, and what kind of people
are willing to invest in the visa." Read the interview on Indian EB-5 Market here.