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More high-net Indians, Chinese applying for US 'Golden visa': Report

The Golden or EB-5 visa allows foreign investors to fast-track their application for permanent residency in the US

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BS Web Team New Delhi
Since its revision in March, 8,000 Indians and 10,000 Chinese are planning to apply for the 'golden visa' in the US, a latest report shows. The visa, also known as the EB-5 visa, allows foreign investors to fast-track their application for permanent residency in the US. 

Data revealed by Henley & Partners showed that more and more high-net individuals from India and China are applying for a 'golden visa'. The US offers a permanent residency under the EB-5 visa to applicants who make investments in the country higher than a fixed limit and create at least 10 permanent jobs. 

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