In a strategic move that is aimed at creating a new brand of Indian investors the U.S. Immigration Fund has decided to set upÂ initial offices inÂ Indian cities, to include both Mumbai and Delhi.Â
Speaking at a press event in Mumbai,Â NicholasÂ A.Â Mastroiann
Mastroianni, who is the co-founder of USIF,Â believes that India will be a significant country for EB-5Â visasÂ given itsÂ 1.3 billionÂ populationÂ withÂ fairly
The EB-5 programÂ was created by the US CongressÂ in 1990 to enable high-net-worth foreign investors to obtain a U.S. visa by investing in a U.S.Â business in a manner that wouldÂ benefit theÂ U.S economy byÂ creating jobs.Â To qualify under the EB-5 program, the foreign investorÂ has toÂ invest $1 million in a qualified newÂ commercial business. TheÂ amount is reduced to$500,000 if the newÂ commercial business is located inÂ a Targeted Employment Area (TEA).Â
â€œWhat theÂ U.S. Immigration Fund (USIF)Â does is completely simplify the process. We provide the solution byÂ organizing and managing new commercial businesses into whichÂ a foreign investor can invest for the purpose of obtaining a U.S. Visa under the EB-5 Program.
An experiencedÂ team of real estate developers, commercial lenders, construction, finance, legal and marketing professionals lead the company and help foreign investorsÂ put their money in aÂ commercial businesses poolÂ thatÂ make loans to or investments into a development project that will create permanent U.S. jobsâ€™, explains the CEO of USIF.
Separately, USIF also organizes investment vehicles into which accredited investors, family offices and qualified institutional buyers can invest. Typically, these are structured asÂ preferred equity investments and are attractive to investors seeking to participate in real estate deals with significant potential upside.
Since inception, USIF has raised or isÂ inÂ the process of raising capital for over 24 projects representingÂ nearlyÂ $15 Billion in developmentÂ and $3Â Billion in EB-5 fundsÂ and is theÂ leader in the EB-5 RegionalÂ CenterÂ Program, with world-renowned investment opportunities from New York City to LosÂ Angeles, California and over 6,000 clients from across the globe.
CitingÂ numbers, Mastroianni pointed out, â€œFrom 1980 to 2016, the Indian immigrant population increased ten-fold, from 206,000 to 2.05 million, roughly doubling every decade. Today, Indian citizens are the top recipients of temporary high-skilled worker H-1B visas, accountingÂ for a significant portion ofÂ H-1B petitions approved by USCIS. India is also the second-largest sending country of international students tothe United States after China.Â
U.S. Immigration Fund (USIF) organizes and manages new commercial businesses into which sophisticated foreign individuals invest for the purpose of obtaining a U.S. Visa under the EB-5 Program. USIF is a leader in the EB-5 RegionalÂ CenterÂ Program, with world-renowned investment opportunities from New York City to LosÂ Angeles, California and over 6,000 clients from across the globe.Â
The benefits of the EB-5 program are easy to see. U.S. businesses receive much neededÂ capital at competitive rates and the foreign investor receives an ownership interest in a U.S. business thatÂ will make a loan or investmentÂ that affords them an opportunity to qualify for an expedited green card. The EB-5 program has already attracted billions of dollars ($15 billion since 2008)Â into emerging and expanding American businesses, and continues to provide a low cost, viable source of business financing.
Andrew R Graves, Director of Business Development and Head of India, is leading the expansion into all regions of India. Not to forget the fact that USIF expects to have 250 investors by year end and their expectations have been greatly surpassed.Â
The number of Indians applying for the EB-5 program is expected to more than double this year. Because of this growth, USIF will be holding events throughout India in the coming months in cities including Bangalore, Chennai, New Delhi, Mumbai,Â Hydrebad, and more. These seminars will allow potential investors in India to speak with expert immigration attorneys and regional center representatives as well as hear about specific projects that are currently available to be invested in. To learn more at one of USIFâ€™s upcoming events, RSVP atÂ www.visaeb-5.com/usif-event