The Gold Card program, priced at $5 million, is set to replace the EB-5 immigrant investor visa program in India. The EB-5 program, established in 1990, allowed immigrants to secure green cards by investing a minimum of $1 million in a business (or $800,000 in a low-income area) that creates at least 10 jobs. In 2024, over 4,500 EB-5 visas were granted. The Gold Card program offers a new avenue for Indian investors looking to secure residency in the United States through investment. This program aims to attract high-net-worth individuals who are willing to make substantial investments in the U.S. economy. By offering a higher investment threshold, the Gold Card program is expected to streamline the application process and provide a faster route to residency for eligible Indian investors. With the rising demand for alternative pathways to U.S. residency, the Gold Card program presents a lucrative opportunity for Indian investors seeking to establish a foothold in the United States.
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New $5 Million Gold Card Program to Replace EB-5 Visa, Offering Faster Green Card Access – 2024 Data Revealed
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