Express News Service
Chandigarh, March 16:
BECOMING a USA green card holder would no longer be the domain of English-speaking big industrial houses anymore. According to US EB-5 Investor Category Visa, after the investment of a minimum of dollars 5 lakh in any government-approved project in the USA, the investor becomes eligible for not only a 5 pc annual return on his investment but also gets a Green Card and a US citizenship after five years.
Talking about the new avenues and utility in US EB-5 Investor Category Visa, Lt Col B S Sandhu (retd), CMD, Worldwide Immigration Consultancy Services (WWICS), said this visa could be availed by even middle-level professionals, business persons and farmers who are keen on investing in various projects in USA.
"It offers a great bargain for cash-heavy Indian investors. The best part about it is that unlike in the past when one has to know the English language and requires certain educational qualifications, now even a Hindi-speaking farmer from the interiors of India can become a USA green card holder," said Lt Col Sandhu.
He said the only condition is an investment of dollars 5 lakh in America. "After investment, one gets a visa to the US within 12 to 15 months and is not even required to monitor the economic unit where investment is made since 4 to 5 per cent return when the project starts is assured," explained Sandhu.
According to the US EB-5 Investor Category Visa, the wife and minor children of the investor are eligible to get a green card and the family is free to stay in USA. The WWICS is also organising a seminar at CII on Sunday to answer queries.
