EB-5 visa category was created by the United States Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. The program is supervised by the United States Citizenship and Immigration Services (USCIS). Through the program, USCIS was able to provide 10,000 green cards to investors from across the globe. The goal of the EB-5 investor visa program is to create a “win-win” scenario for all parties involved or affected. The program has been successful and will be viable for many years to come.
We make sure to guide and assist you through the process. Learn about the eb 5 visa requirements.
The Economic Tiimes
For US entry, the rich prefer EB5 over H-1B
October 6, 2019 – “Most times, the parents are well settled in their careers in India and don’t want to uproot themselves. This is more about creating an option for the child.” Vivek Tandon, CEO, EB5 BRICS, an EB5 visa consultancy, said. Read More >
The Economic Tiimes
Bill proposing liberalised green card regime fails US Senate test
September 21, 2019 – According to Vivek Tandon, CEO, EB5 BRICS, an EB5 visa consultancy, Unless the block on unanimous consent is removed, the Bill will go through the normal legislative process, which will make it extremely unlikely that it will ever get passed. The normal process can include referral to a committee, which will likely delay the passage of the Bill. A delay will lead to the Bill ending up in the legislative graveyard, considering approaching elections. Read More >
The Economic Tiimes
Reprieve for spouses of H-1B visa holders
September 18, 2019 – Vivek Tandon, CEO of EB5 BRICS, a visa consultancy, warned that deferring the proposed ban to next year only offers “minor relief “. “Spouses of H-1B holders still don’t have any clarity on EAD status. Employers in the US are likely to avoid hiring H-4 visa holders until a final decision is taken,” he said. Read More >
Business Standard
Invest and emigrate: How Indians can find a new life abroad
September 12, 2019 – Indians who dream of emigrating can purchase a better life in a new country—if they have a few crores to invest. Many rich nations offer immigrants a variety of investment options in a quid pro quo arrangement: immigrants get a better quality of life and revenue from them helps these countries’ finances. Read More >
The Hindu Business Line
Rise in Indian applicants for EB-5 visa ahead of November fee hike
August 9, 2019 – Vivek Tandon Founder and CEO of EB5 BRICS, an EB-5 advisory firm said, There is likely to be a huge surge in EB-5 applications from all over the world with investors seeking to apply under the old rules until November 21. This will lead to delays in processing and adjudication of applications and those applying after November 21 may face a significantly longer waiting period. Read More >
The Economic Tiimes
US tech firms dominate top 10 green card application list
August 7, 2019 – While companies have used this as a way of retaining talent, they are starting to shy away from it as it is a more expensive process and also takes very long. Not many people expect that the Senate will pass the HR 1044 Bill as it has a Republican majority, so things are unlikely to change anytime soon,” said Vivek Tandon, CEO, EB5 BRICS, a visa consultancy firm. Read More >
The American Bazaar
Indian EB-5 hopefuls face a 260% increase in Targeted Employment Area projects
July 29, 2019 – Those Indians living in the US with pending EB-category green card applications and seeking a faster route to the green card may find it tougher to switch to the EB-5 route,” says Tandon. Read More >
Business Standard
US raises threshold investment level for EB5 visa from $1 to $1.8 million
July 26, 2019 – An Indian investor typically has to wait for around eight years to qualify for unconditional permanent residence in the US. “With investors from all over the world likely to rush to file applications before the hike in investments come into force, those filing after November 21 may face a much longer waiting period for the Green Card,” said Vivek Tandon, chief executive officer, EB5 BRICS, an immigration advisory firm. Read More >
Financial Express
EB-5 Visa: Minimum investment to get US citizenship nearly doubles; Check details
July 26, 2019 – Talking of other reforms, Vivek Tandon Founder and CEO of EB5 BRICS informs, “States can no longer designate Targeted Employment Areas (TEAs) at their own discretion. The Department of Homeland Security shall be the central designation authority and it shall apply uniform parameters for TEAs all over the country.” Read More >
Live Mint
Applying for a US Green Card to become tougher for Indian investors
July 25, 2019 – The minimum investment amount to apply for an EB5 visa has been increased from $500,000 to $900,000, inferring that the higher investment requirement will be a dampener for all investors. We most certainly know that this hike will impact Indian investors immeasurably,” said US immigration lawyer Vivek Tandon who runs EB5 BRICS. Read More >
The Economic Tiimes
Why the upcoming US EB-5 visa rules will pinch green card seekers
July 25, 2019 – In recent years, the EB-5 has emerged as a popular option with Indians, said Vivek Tandon, CEO, EB5 BRICS, an EB5 visa consultancy. “From 2014 to 2019, the number of applications increased from 50 to 800 a year. While there may be some decline in demand, it is still an easy route to get a green card,” he said. Read More >
The Hindu
U.S. to effect steep hike in EB-5 charges
July 24, 2019 – Moving control over determining TEAs to the Department of Homeland Security is an integrity move that would prevent the gerrymandering of unemployment data that has allowed affluent areas like Manhattan in New York and Beverly Hills in California to qualify for EB-5 investment,” commented Matt Hogan, VP, project development, CMB Regional Centres, Illinois, an EB-5 advisory firm. Read More >
Quartz
After H-1B, the US now turns its attention to the coveted investor visa
July 24, 2019 – EB-5 applications may surge until November as investors will rush to apply before the fee hike comes into force,” Vivek Tandon, founder and CEO of immigration law firm EB5 BRICS, told Quartz. Read More >
Financial Express
Planning for US Immigration? Indian professionals await good news from the US
July 15, 2019 – Indians professionals account for more than 80% of pending green card applications under EB-1, EB-2, and EB-3 visa categories. If this bill becomes the law, then it will be very good news for these 300,000+ Indian professionals, says Vivek Tandon, Founder, and CEO of EB5 BRICS. Read More >
Telangana Today
‘If made into law, thousands of Indian professionals will gain’
July 11, 2019 – The bill, when signed into law, increases the per-country cap on family-based immigrant visas from seven per cent of the total number of such visas available that year to 15 per cent and eliminates the seven per cent cap for employment-based immigrant visas. Vivek Tandon, CEO of EB5 BRICS tells Telangana Today what is in it for India. Read More >
The Economic Tiimes
US House passes Bill removing country cap on Green Cards; Indians to benefit
July 11, 2019 – Indian IT companies face H-1B rejection rate of 20%-40% compared to 1% for American companies. The ‘Buy American, Hire American’ policy has resulted in numerous legal and administrative changes aimed at discouraging Indian tech workers’ immigration,” said Vivek Tandon, founder, EB5 BRICS. Read More >
The Hindu
U.S. EB-5 applications to become dearer
July 1, 2019 – Mr. Vivek Tandon, Founder & CEO of immigration advisory firm EB-5 BRICS said, “We know that this regulation change will impact Indian investors immeasurably. It is certain that the investment amount will be raised to more than double of what it is now. But, the date of implementation is yet to be announced, so this could be the last window of opportunity for Indian visa seekers.” Read More >
The Hindu Business Line
India maxes out US’ EB-5 investor-visa limit
June 26, 2019 – For the first time in the history of this programme, India has reached the quota’s limit. The demand from India came from Mumbai, Bengaluru and Hyderabad as Indians know the value of green card, there are many Indian-Americans already in the US excelling in multiple domains such as technology, medicine, engineering and business among others. Read More >
Business Standard
Capping H1B visas will hit tech outsourcing industry, global firms: Experts
June 21, 2019 – Most commonly used by techies to travel to the US as part of client side work, H1B visas have a cap of 65,000 for the general category and allow a further 20,000 people who have a US master’s degree from an accredited institution. Read More >
The Economic Tiimes
H-1B visa curbs may boomerang on US companies: Nasscom
June 21, 2019 – Indians are the biggest beneficiaries of the H-1B visa programme, with two-thirds of the work permits going to them, according to data from the US Citizenship and Immigration Services (USCIS), which processes these applications. Read More >
Financial Express
Ticket to US: Green card queue gets longer as more Indians seek EB5 visa
June 7, 2019 – Having a green card, officially known as a permanent resident card, allows a person to live and work permanently in the United States. Green card holders also get certain health, education and other benefits from the government. Read More >
The Economic Tiimes
Wealthy Indians may find it difficult to get US visa
June 1, 2019 – US immigrant visas will soon be out of reach even for Indians with deep pockets as the country is about to hit its allotted quota for EB-5 visas, which guarantee green cards to foreign investors in exchange for their investments. Read More >
Quartz
What does Trump’s “merit-based” immigration plan mean for Indians?
May 21, 2019 – Donald Trump’s new “merit-based” immigration plan seems to be tipping the scales in favour of skilled foreign talent. “It is time to begin moving towards a merit-based immigration system—one that admits people who are skilled, who want to work, who will contribute to our society, and who will love and respect our country,” Trump said about the plan drawn up by his son-in-law, Jared Kushner. Read More >
The Economic Tiimes
Indians likely to benefit as Trump unveils new immigration policy for merit-based professionals
May 17, 2019 – Trump proposal for a point-based system means people with skills will be preferred for permanent residency as against the current country-based quotas that favours family ties for green cards. Under the plan, 57% of the proportion of green cards, or lawful permanent residence status, will be given to people with skill-based visas as against the 12% currently. Read More >
Money Control
Trump’s new visa proposal garners mixed reviews from immigration experts
May 17, 2019 – Immigration experts aren’t too excited about the proposal of the Trump administration to offer green cards based on merit and skills. They pointed out that the move will benefit the Indian population in the US, but there is a long way to go before the proposal becomes law. Read More >
Business Standard
Trump proposes ‘merit-based’ immigration system
May 17, 2019 – US President Donald Trump has proposed a sweeping change to the immigration system to make it “merit-based” favouring professionals and well-educated people who will be high earners. Trump’s plan will also give preference to those who have been educated in the US. Read More >
Telangana Today
Canada’s Global Skills Strategy to attract Indian techies
May 15, 2019 – With the stringent regulations and uncertainty over the H1B Visa extension by the US Government, Canada will be the next destination for IT professionals through the nation’s Global Skills Strategy programme, rolled out in 2017, setting a target of attracting 3.1 lakh permanent residents in 2018 and 3.3 lakh in 2019. Software professionals now prefer to go to Canada despite having an option to stay in the US. Read More >
The New Indian Express
H-1B fee hike by US to hit Indian IT firms
May 8, 2019 – In FY 2020, the (Labour) Department included a budget of $160 million to continue our expansion of apprenticeship programmes, along with a proposal to increase H-1B (visa fee) to fund additional apprenticeship activities. Read More >
The Afternoon Despatch & Courier
US Loss is Canada’s Gain
May 06, 2019 – The total number of H-1B visas issued in a year—new visas as well as renewals—account for 0.2% of the US workforce consisting of 160 million. Yet, 70% of all H-1B visas are issued to IT-related occupations and 75% of all H-1B visas are allotted to Indian workers, primarily from the IT sector. Read More >
The Hindu Business Line
Indian students completing master’s in U.S. stand better chance to get H-1B visas
May 4, 2019 – Given the challenges facing the H-1B programme at present, any proposal to prioritise students who study in the United States would represent a very positive development for Indians, who account for around 20% of all international students in the country. Read More >
Money Control
USCIS resumes premium processing of H-1B visa for FY20
Mar 29, 2019 – The re-introduction of premium processing will lead to faster processing times (15 calendar days) and allows companies time to plan their human resource requirements accordingly. Read More >
The Afternoon Despatch & Courier
EB-5 Visa – A Transparent and Immigrant-Friendly Route to the US Green Card
Mar 20, 2019 – The famed land of immigrants, the USA, is becoming a lot more selective in determining who shall enter her shores, writes Vivek Tandon, Founder and CEO, EB5 BRICS. While Indians, especially skilled IT sector workers, have been badly hit by the restrictions imposed on H-1B visa, there are other more immigrant-friendly options like the EB-5 visa program. Read More >
Telangana Today
Demand for EB-5 Visa catching up in India
March 19, 2019 – The US Citizenship and Immigration Services (USCIS) administers EB-5 visa programme to stimulate the US economy through job creation and capital investment by foreign investors. Investors may also qualify for EB-5 classification by investing through regional centres to promote economic growth. Read More >
The Asian Age
IT firms ramp up hiring in US, says Vivek Tandon
February 28, 2019 – Facing obstacles ranging from a patently unsympathetic government to discrimination lawsuits from US candidates, Indian IT companies have ramped up hiring efforts in the US. Restrictive definition of specialty occupations will reduce the number of foreign nationals eligible to qualify for the visa. Read More >
The Week
Frequent changes to H1-B policy may prove detrimental to IT firms
Feb 27, 2019 – The US is facing its biggest tech talent shortage since 2008. With digital revolution set to expand further, this crisis maybe a great opportunity for Indian IT companies to expand their global footprint and underline the contribution of the average Indian IT worker to the growth of developed economies. Read More >
Money Control
IT firms need to recalibrate hiring pattern in light on the ongoing H-1B visa crisis
Feb 27, 2019 – Vivek Tandon, founder and CEO, EB5 BRICS, an advisory firm, said, “It is clear from the data that it is mostly the Indian companies that are being targeted. Their denial rates are high for H-1B. This hardening of stance is only going to go up. Read More >
Quartz
The Trump administration finally has some good news for H-1B visa applicants
Jan 28, 2019 – Just allowing premium processing won’t necessarily make it easier to secure an H-1B. Applications will still be adjudicated on their merits and will have to meet stringent H-1B visa requirements. Read More >
Quartz
How the US government shutdown is hitting Indian immigrants
Jan 18, 2019 – USCIS is accepting and issuing receipts for applications filed after December 21, 2018 and putting them on hold until the Department of Homeland Security gets funded. There isn’t a noticeable slowdown in EB-5 applications from India because everyone understands this partial government shutdown is temporary. Read More >
Education Times
Can EB5 visa open doors for students to settle in the US
December 4, 2018 – Most Indians consider a foreign degree more as an investment than an expense. The EB-5 visa attempts to offer a hassle-free route to green card and subsequent US citizenship, and in effect is being increasingly viewed as a smart add-on for the Indian student in the US. The EB-5 visa is an investor visa issued to those making an at-risk investment of at least $1 million in a commercial enterprise in the USA. Read More >
The Asian Age
H-1B Visa Woes: 26 Small Firms Promoted by Indians Disqualified
November 28, 2018 – Such finding of fraud, abuse and misuse of the H-1B Visa programme is exactly the reason why the Trump administration is narrowing the definition of ‘specialty worker’ and why we see a tremendous increase in issuance of RFE – request for evidence and denials of H-1B Visa petitions. Read More >
Business Standard
Shorter route to US gets longer: EB-5 visa waiting period, cost to double
October 30, 2018 – Investors should be taking the upcoming December 7 EB-5 programme expiration deadline seriously because not only is it clear that the demad for EB-5 visas will exceed it supply for Indian nationals, but also the investment amount may well increase due to regulations likely to finalise in December. Read More >
Quartz
What visa woes? Indians are still hogging most H-1Bs
Oct 22, 2018 – H-1B workers that aren’t super-specialists and unique in their skill set will likely get excluded and not be able to get H-1B visas. This will deter more and more Indian nationals from pursuing H-1B visas. Read More >
Hindustan Times
Why are more Indians opting for EB-5 visa route to pursue higher studies in the US?
Oct 10, 2018 – Apart from the vast difference in the quality of learning in India and the US, Indian students prefer an American degree because it often serves as an easy route to finding a job and settling in the country. With an EB-5 visa in hand, an Indian graduating with an American degree can search for jobs, setup a startup, invest in an existing business, or even lead a retired life. Read More >
The Week
H-1B visa programme is facing increasing scrutiny
Aug 16, 2018 – Vivek Tandon, the founder and CEO of EB5 BRICS is a US-licensed lawyer and is an investment banker. He spoke to THE WEEK about the challenges that working IT professionals in India are facing with H-1B visas and what are the possible alternatives for them such as EB-5 visas. Read More >
Little India
Why Specially-abled Indian Students’ Parents Prefer to Re-locate to The US
Aug 2, 2018 – In India, the challenge becomes tougher due to an overburdened healthcare system ill-equipped to provide for the special needs of such children, an education system obsessed with rote-learning and marks, and a superstitious society that equates mental disorders with insanity. Read More >
Financial Chronicle
All unselected H-1B petitions returned: US
Aug 1, 2018 – Vivek Tandon, CEO of EB-5 BRICS, a visa advisory firm based in California, said: “These are the lowest number of H-1B applications filed in recent times most likely due to the adjudication policies of the Trump administration. However, because of the higher level of scrutiny and applicants not getting picked in the lottery, an increasing number of H-1B visa applicants from India who are generally F-1 visa students, are now looking at EB-5 as the go to option to gain the right to permanently live and work in the US.’’ Read More >
India Today
Why are parents of specially-abled Indian students preferring to re-locate to the US?
Aug 1, 2018 – The simplest and easiest immigration route for an Indian parent of a specially-abled child would be the EB-5 investment immigration visa. Investing $500,000 to $1 million in a commercial enterprise and creating or protecting ten full-time jobs in the USA are the twin eligibility requirements of the programme. Read More >
CNBC
Investors worry US ‘visas to millionaires’ program may soon be overhauled
July 29, 2018 – “There are lot of ways for developers to work within the law, which is what they are doing to figure out places within New York City, Los Angeles, and San Francisco that qualify as targeted employment areas,” said Vivek Tandon, founder and CEO of EB5 BRICS, an advisory firm specializing in EB-5 visas. Read More >
Yahoo Finance
Investors worry US ‘visas to millionaires’ program may soon be overhauled
July 29, 2018 – The EB-5 program works through regional centers that are authorized by the government to raise money from foreigners and direct it to projects that fulfill the criteria of employing at least 10 people. If investments go to “targeted employment areas” — those American neighborhoods that are rural or have high levels of unemployment — then they need only amount to $500,000. If they are in other parts of the country and still fulfill the employment criteria, then investments need to total at least $1 million to be eligible for a green card. “There are lot of ways for developers to work within the law, which is what they are doing to figure out places within New York City, Los Angeles, and San Francisco that qualify as targeted employment areas,” said Vivek Tandon, founder and CEO of EB5 BRICS, an advisory firm specializing in EB-5 visas. Read More >
The Asian Age
Indian techies chasing American dream never had it this bad
July 25, 2018 – Vivek Tandon, CEO of EB-5 BRICS, a visa advisory firm based in California, said, “Denials are on the rise. The new regulations will impact the business plans, project execution schedules and hiring strategies of Indian IT firms. They are no more allowed to underpay their employees in the US by undercutting the US labour market.’’ Read More >
Financial Chronicle
Indian techies chasing American dream never had it this bad
July 25, 2018 – Vivek Tandon, CEO of EB-5 BRICS, a visa advisory firm based in California, said, “Denials are on the rise. The new regulations will impact the business plans, project execution schedules and hiring strategies of Indian IT firms. They are no more allowed to underpay their employees in the US by undercutting the US labour market.’’ Indian on-site workers were always paid a discounted salary by their employers, including tier I tech players. Trump sealed the root of this exploitation by making prevailing wage a mandatory for all workers of the same job, said an immigration professional employed at a leading IT firm who doesn’t want to be named. Read More >
The Times of India
Invest in US while it’s cheaper
Jun 4, 2018 – Vivek Tandon, founder & CEO of EB5 BRICS, told TOI, “I believe major changes are likely on the horizon in light of recent calls by Senator Grassley and Congressman Goodlatte for DHS to “expeditiously finalize” EB-5 regulations.” Read More >
The Economic Tiimes
Indians may see jam on EB-5 visa route to the United States
May 16, 2018 – Another EB-5 visa advisory firm, EB5 BRICS, anticipates a massive rush for the cash for visa. “With the sudden rise in the demand for EB-5 visa, it was predicted earlier that some countries including India will hit retrogression or visa availability backlog soon. For people who wish to move to the US via the EB-5 route, now would be the best opportunity to apply for this visa and make the investment before the delay in issuing of the visa gets in their way of settling in the US,” said Vivek Tandon, Founder, EB5 BRICS. Read More >
The Week
Interest in EB-5 visa zooms as Trump plans curbs on H1B
May 15, 2018 – “The possibility that the amount might be raised is very real, in fact, the US Congress almost passed legislation a couple of months ago that would have made the minimum investment amount almost double to $925,000 from the current $500,000. The $500,000 minimum was set back in 1990 and some in the US government feel that it needs to reflect current realities and be on par with those of other developed countries where investment amounts are $1M or more”, said Vivek Tandon, founder and CEO of EB-5 BRICS, an EB-5 advisory firm. Read More >
The Hindu Business Line
EB-5 visas gaining popularity as H-1B visa norms gets tougher
May 15, 2018 – The increasing demand will result in visa retrogression. That is time taken to get the Green Card may increase from two years now to five. There are talks about increasing the investment to $1 million. Vivek Tandon, Founder and Chief Executive Officer, EB5 BRICS, said, “Now, for people who wish to move to the US via EB-5 route, can apply for the visa and make the investment before the delay sets in. Read More >
The Times of India
Demand for EB-5 visa on rise in India
May 6, 2018 – Vivek Tandon, CEO of EB-5 BRICS, an advisory firm in California, said, “The EB-5 visa program has been in existence since the last 30 years. Since 2015, there have been many proposals to increase the investment amount. This could have have an adverse effect on the number of applications being filed out in India.” Read More >
Silicon Indian
A Better Route for EB-5 Visa – Direct vs. Regional Center Investment
Apr 11, 2018 – EB-5 is a visa program through which a foreign person can get permanent residency in the U.S. upon investing $500,000 in a new business or development project, creating at least 10 jobs for U.S. nationals. The investment can be made through two separate routes: (1) Regional Center Investment and, (2) Direct Investment. Read More >
Zee Business
US H1B visa, green card unavailable, here is how Indian techies look to get into America now
Apr 5, 2018 – The number of Indian IT professionals seeking EB-5 visas has doubled in the last three years, said Vivek Tandon, founder and CEO, EB5 BRICS, an EB5 visa advisory firm. “IT professionals now comprise 20% EB-5 applicants from India as against 10% in 2015,” he said. This is so far the maximum rise in the number of IT professionals applying for the visa. Read More >
Entrepreneur India
The H1B Visa Applications are Open and This is What You Need to Know
Apr 5, 2018 – Vivek Tandon, Founder and CEO of EB5 BRICS said that it’s important for professionals to keep in mind that the H-1B is on a lottery system and they may or may not get picked. If they do make it through the lottery then their application will be adjudicated on its merits to see whether they qualify for the job offered to them. “They should keep in mind that there’s a significant increase in denials from 2016 to 2017 denial rates and we expect FY18 denials to increase substantially,” said Tandon. Read More >
The World News
Desi techies chase EB-5 visas as H1-Bs turn elusive
Apr 5, 2018 – The number of Indian IT professionals seeking EB-5 visas has doubled in the last three years, said Vivek Tandon, founder and CEO, EB5 BRICS, an EB5 visa advisory firm. “IT professionals now comprise 20% EB-5 applicants from India as against 10% in 2015,” he said. This is so far the maximum rise in the number of IT professionals applying for the visa. Read More >
DNA India
Desi techies chase EB-5 visas as H1-Bs turn elusive
Apr 5, 2018 – EB5 BRICS’s Tandon expects China to slow down further due to visa availability backlogs, but estimates the numbers from India would double this year, crossing 1,000 applications. “Countries such as Vietnam are growing at a fast pace as well. India will likely be the No.2 source of EB-5 investments behind China, which is still far ahead. However, if there is a significant increase in the minimum investment amount, India may cool off for a bit,” he said. Read More >
The Hindu Business Line
As US tightens up, immigration lawyers advise EB-5 visa applicants to speed up filing
Apr 4, 2018 – That minimum investment threshold could rise to as much as $1.35 million, cautions Vivek Tandon, founder and chief executive officer of EB5 BRICS, an EB-5 visa advisory firm, who has been meeting several prospective emigrants from India in the recent weeks. This is because the US is considering several of the EB-5 reform proposals that were moved over the past couple of years and the final law could be an amalgamation of all these proposals. Read More >
The Hindu Business Line
As rejection rates increase, IT firms may go for fewer H1-B applications in FY19
March 25, 2018 – Vivek Tandon, founder and CEO, EB5 BRICS, said companies will continue to file for H-1B visas at the same or higher levels but, as a back-up, will plan to hire locally in the US — something which Indian companies have been doing. Regardless of the clampdown, the demand for H1-B shows no sign of abating. Read More >
Business Standard
Immigrating to the US? Choose right project to avoid citizenship frauds
March 1, 2018 – With the US visa laws getting stricter, more Indians are opting for the EB-5 visa programme, which allows an individual to become a citizen by investing $500,000 in an approved project. While the EB-5 programme is an easier route for emigrating to the US, there have been regular frauds in the past, and investors risk losing their money as well as citizenship. Read More >
Quartz
Indian techies look to Canada as the American Dream turns into an H-1B nightmare
Feb 27, 2018 – “Certainty and security of their immigration status in the US, which is very closely tied to how successful they will be professionally and personally, is the biggest problem that Indian immigrants in the US are currently facing,” Vivek Tandon, founder and CEO of EB5 BRICS, an advisory firm specializing in the half-a-million dollar investor route to the green card, told Quartz. Canada, in comparison, has far more liberal visa laws. Read More >
The Hindu
U.S. visa changes only add to burden of paperwork
Feb 24, 2018 – Vivek Tandon, founder and CEO, EB5 BRICS, said the new norms would directly impact business models of Indian IT services firms. Without a trade pact between India and the U.S., he said the best option for Indian firms was to “strongly lobby U.S. lawmakers to influence USCIS so that their policies are more business- and trade-friendly while at the same time promote the… agenda of ‘Buy American and Hire American’. Read More >
Financial Chronicle
H1-B Visa V/S EB5 Visa: The Safer Bet
Feb 22, 2018 – The EB-5 visa also known as the ‘golden visa’ is the easiest and the quickest way to obtain permanent residency also known as “green card” in the US. The immigrant investor applicant is required to make an investment of a minimum amount of $500,000 into a new business or development project and create at least 10 jobs for US nationals from the investment. Read More >
Outlook Magazine
Yet Another Check-In Plan
Feb 15, 2018 – “This will encourage Indian IT companies to hire locally and that has already begun in a large way,” says Vivek Tandon, Founder and CEO, EB5 Brics. “Wipro, TCS, Infosys and Cognizant are already hiring more locally in the US.” Imposing stricter barriers to H1B visa categories will also force companies to expand their operations in more open countries such as Singapore, Mexico, Chile and Ireland. Read More >
Financial Chronicle
US to retain EB5 visa, but double the fee
Feb 9, 2018 – Apart from the fee hike, the US department of homeland security has also proposed some other changes (such as reserving 3,000 visas for rural areas of the US, currently all 10,000 visas are given in the metropolitan cities) in the EB5 visa programme. A regulation change will give a strong impetus to the Congress to act and make it a legislation with a revised pay structure of $925,000 and may not a higher $1.35 million, anticipates Vivek Tandon, founder and CEO at EB5 BRICS, a visa advisory firm. Read More >
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