Wealthy investors in India are accorded high standards of living that are very difficult to maintain comparably abroad due to the unique economic factors in the country. Despite that, though, there are a growing number of Indian investors moving to the United States because of the advantages inherent in the EB5 program. This is because the United States offers a number of educational opportunities that can’t be attained elsewhere, but limitations on student visas and high tuition costs for non-resident students create an environment that is encouraging Indian investors to move abroad for the educational opportunities their children will have.
How This Works
Family investment money is allowed as long as the source is legal, and foreign investment opportunities allow families to help their children invest, gaining permanent resident status in the process. The child is then able to pursue work in the U.S. while fulfilling investor duties, and higher education tuition will be reduced to the rate offered to residents of the United States.
Investing family money also allows for investments to be opened in the U.S. without submitting the family’s entire operations and income to the IRS for scrutiny, because only the investors seeking permanent residency in the U.S. are required to submit to that scrutiny.
EB-5 Regional Centers
The regional centers allow for investment in partnership opportunities that also encourage emigration from India because once permanent residency is achieved, additional investments in other key opportunities only available in the States can also be made. This means that investors looking to work in domestic investments in the U.S. will gain a distinct advantage through this program.
Citizenship Opportunities and Travel
The best part of the EB5 program is that it provides a path to citizenship, which brings several distinct advantages with it. EB5 holders that become citizens can:
- Qualify for federal employment
- Vote
- More easily bring family into the country
For those looking to set up a family business operation, this provides a tremendous opportunity to maintain investments in multiple countries by making sober decisions about which members of the family will manage which operations in each country. Thanks to the EB5 visa, India has become a major source of immigration to the states.
Business-Friendly Climate in the U.S.
One of the reasons why investors are drawn to the United States in the first place is its business-friendly environment, which encourages investment. The program itself targets areas where the investment’s impact will do the most to help the economy, and the tax situation in the United States is often very advantageous to salary-earners. Since permanent residents are granted the right to work, it is easy for investors to build businesses as their own employees or to seek professional employment in their fields while managing their investments under the EB5 program. This provides access to career mobility for many, which can offset the standard of living differences that are seen between countries in many cases.
Conclusion
There are a number of opportunities presented by the EB5 program, both for individuals looking to make a change in their residency and for families looking to extend business operations abroad without surrendering their bases of operations. For more information about these opportunities, contact us.
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