Why H-1B Visa Professionals are Turning to the EB-5 Visa Program for Permanent Residency

News provided by

Apr 16, 2024, 06:15 ET

SAN FRANCISCO, April 16, 2024 /PRNewswire/ -- Golden Gate Global, a USCIS-licensed EB-5 regional center headquartered in San Francisco, California, reports increased interest among H-1B visa holders in the EB-5 investment visa. The EB-5 visa program grants U.S. permanent residence (green cards) to immigrants who invest a minimum of $800,000 for 5 years in projects sponsored by United States Citizenship and Immigration Services (USCIS) licensed regional centers.

Abhinav Lohia, Director of Global Business Development at Golden Gate Global, discusses in the video the advantages of EB-5 visas for prospective and current H-1B visa professionals.

Obtaining a green card through the EB-5 program provides a direct pathway to US permanent residence or a Green Card. — Abhinav Lohia, Director of Global Business Development at Golden Gate Global, discusses in the video the advantages of EB-5 visas for prospective and current H-1B visa professionals. Obtaining a green card through the EB-5 program provides a direct pathway to US permanent residence or a Green Card.

The excessive demand for employer-sponsored green cards under the EB-2 and EB-3 visa categories has resulted in prolonged waiting periods spanning decades for applicants from India and China, making EB-5 one of the fastest routes to U.S. permanent residence. EB-5 visa applicants can anticipate receiving their conditional green cards within approximately 24 months. Learn more about the EB-5 visa.

The EB-5 Reform and Integrity Act increased the popularity of the EB-5 program by introducing the concurrent filing of Adjustment of Status and Employment Authorization applications. These provisions enable H-1B visa professionals to reside and work in the United States while their EB-5 visa application awaits adjudication without employment sponsorship. The USCIS has demonstrated remarkable efficiency in issuing Employment Authorization Documents (EADs) to EB-5 investors, with many receiving their EADs in fewer than 90 days.

The gravitation of H1-B visa holders to EB-5 reflects the advantages it offers H-1B professionals seeking permanent residency

Freedom from employment sponsorship within months of filing the EB-5 visa application
Prevents children from aging out once they reach 21 years of age
Greater access to jobs across the United States
Freedom to establish and operate one's own business
Eligibility for in-state university tuition
Eliminates the need for visa stamping to re-enter the United States

The EB-5 program offers a pathway to stability and growth for skilled immigrants and their families. Learn more about the advantages of EB-5 for H-1B visa holders.

Golden Gate Global has successfully raised over $750M of EB-5 capital from over 1,400 EB-5 investors. GGG enjoys a 100% USCIS project approval rate and has repaid more than $210M in investor capital to over 420 EB-5 investors. Learn about available EB-5 Projects.

Press Contact: Jane Baklashov [email protected]

SOURCE Golden Gate Global