Delhi based Calculus Group,running immigration consultancy has tied up with American Life,the real estate giant to promote EB5 visa programme under which professionals,business persons and farmers can seek hassle free US visa with an investment of $500,000 which can be redeemed after two years. The United States of America has extended this programme till September 2015.
Talking to reporters,Chairman of Calculus Group,Sukhjit Singh Anand said here today that Punjab and Gujarat would be the focus states as enterprising people from these states would lap up the programme. He said that this is the easiest,cheapest and the most effective program so far for U.S immigration in the world. The Calculus has entered into a tied up with the American governments designated Regional Centre,American Life,for the EB5 programme which has by far successfully helped 1400 immigrant investors to get U.S Green Card for their family.
The Calculus group will be working through their highly professional and knowledgeable business associates in the regions of Punjab and Gujarat educating and guiding potential investors through the investment and green card process maximizing their chances of receiving the EB5 visa.
Anand said that the US government is looking for 10,000 immigrants per year under EB5 visa programme to generate approximately US$ 5 billion in investments for development in rural areas of the country which would also help generate more employment opportunities for the US citizens. He further shared that EB5 visa is a hassle-free immigration process for business persons,farmers and professionals with an investment potential of up to $500,000,a number not too big for Punjabis who willingly pay huge amounts to immigrate abroad.
Bhaskar,General Manager,Caculus added that students who want to apply for U.S universities till now has to spend roughly one crore Indian rupees as expenses for their boarding,tuition fee etc. whereas with EB-5 program,the tuition fee savings for a four year program for a Green Card holder is approximately $ 100,000 ( a saving of more than 50%.).
Investing with a group like American life will make the refund of $ 500,000 investment after 10 indirect jobs from the investors money quicker. One can apply for change of status from conditional green card to permanent green card within two years time which is otherwise a time period of five years. It is the responsibility of Regional Centre to generate 10 U.S indirect jobs and to submit the proof to USCIS. A Regional Center is an area designated by the USCIS as eligible to receive immigrant investor capital.
Anand informed that as per the United States Citizenship and Immigration Services (USCIS) statistics for the year 2011,the number of visas issued and status changes for China was the highest at 2,408 whereas that for India was only 37 and this is mainly because of the lack of awareness about this program. As per the new statistics from USCIS the total visas issued under this program were 3706 in the Fiscal Year 2011 as against 1,885 in the fiscal year 2010,with the number already touching 2,364 till January 2012.