Weigh the risks of EB-5 citizenship route

Remember, capital invested in the EB-5 programme must be "at risk", meaning no guarantees can be provided on returns, and even the investment can be lost


Harsh Roongta

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Nilesh, a Non-Resident Indian (NRI) client, called to seek counsel on the advisability of applying for investment-based citizenship in the United States (US). He is a software professional in his mid-thirties who works for a global consultancy firm in the West Asia.
Thanks to his high income and judicious investments, Nilesh is well-positioned to meet goals such as buying a house, his daughter’s higher education, and his own retirement. For some time now, Nilesh has been planning to migrate and settle permanently in a country that offers a congenial lifestyle for his family.  

A methodical person, he created a framework for making the choice. His parameters include an English-speaking country, a secure environment, good educational and health facilities, scope for his
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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First Published: Nov 19 2023 | 9:13 PM IST

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