As an Indian HNI or UHNI, you want to get the highest return on your investment. One of the best investments is the residency by investment program. It allows you to become a permanent resident in a developed country by investing in real estate or government bonds. US residency by investment has been a popular choice among young adults and parents who want a secure future for their children.
In 2019, a total of 760 EB-5 investor visas were issued to Indian applications for a second residency by investment in the US. It ranked as second in the most number of EB-5 visas issued after China. Indian EB-5 applicants are increasing every year as the US offers excellent opportunities for children and a secure lifestyle for their family.
But why are Indian’s choosing US citizenship by investment over countries? Let’s find out.
US residency by investment: Why is it preferred
The three most popular programs after the US are Canada, the United Kingdom, and Australia. Only the US offers second residency by investment at a cost below million dollars – for $900,000. While other countries ask funds to be acquired from fixed & earned sources, for the US citizenship by investment, which you eventually get after a residency, funds can come from any lawful source, including gifts, loans, or even inheritance.
- Business opportunity
A significant advantage of investing in a second residency by investment in the US is that you need to create at least 10 jobs. It means you get a chance to do business in the US, providing you with the opportunity to sustain through establishing a venture of your own. The investment can be through the direct EB-5 investor visa or the regional centre program.
Security for future generations
Second citizenship for next generation is popular amongst Indians who want to send their children to the US for higher studies and a secure future. The US is the land of dreams for Indian students as it provides them great opportunities to study at Harvard, Stanford, and other Universities. The USA opens the door to exploring global opportunities for growth for children.
Tax savings & social security
With a US residency by investment, investors can save massively on taxes and get capital gains. The US is a growing economy, and taxes can be skyrocketing. EB-5 investors qualify for homestead exemptions from taxes. In comparison, Canada, UK, and Australia do not provide any tax savings and social security benefits.
Another benefit is that when you get a second residency by investment in the US, you get eligible for its social security benefits. The country offers the best social security schemes in the world, and you don’t have to worry about a thing. It gives you a peace of mind knowing that your future generations are secure and you have a plan B to settle after retirement.
US residency by investment: The immigration opportunity of a lifetime
Did you know that a US residency by investment gives you a green card within 12-24 months? It also eventually leads you to become a US citizen. Imagine getting the right to vote in the US, the largest economy and the biggest democracy in the world.
You can invest in US citizenship by investment without any hassle. The team at My Global Citizenship™ is India’s trusted residence and citizenship planner, assisting you to get a residency in the US without any hassle. Contact us today.