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US Green Card Process: Getting a green card in America is quite a challenging task, but if you have money then you will not face much problem. The reason for this is that a special program is run in America to give green card. It's called the EB-5 (Investment Based Green Card) program. In recent times, some people have taken wrong advantage of this program, due to which the US government has now become alert and has taken a big decision regarding this.
The U.S. Citizenship and Immigration Services (USCIS) has updated its policy handbook for the EB-5 (Investment-Based Green Card) program. This has been done to protect 'good faith' investors. The EB-5 program is known as a program to obtain a green card through investment. This program is very popular among Indians. Indians living on H-1B visa resort to this program to obtain permanent residence in America.
Green card not received even after investment
In fact, applicants have to wait for decades for an employment-based green card. Because of this, people with high net worth get green cards under the EB-5 program in America. But many such cases have come to light, where despite investing a good amount of money, investors have not only lost their investment money but have also given up hope of getting a green card. Regional centers issuing green cards have been issued notices for not depositing investment money in the Integrity Fund.
Many such cases have come to light where regional centers did not deposit money in the honesty fund, due to which investors lost money. Considering all these things, now the US government is going to issue guidelines regarding 'good faith' investors. Let us tell you that under the EB-5 program, investors are given a green card after investing 8 lakh dollars i.e. about 1 million dollars. The purpose of this program is to create employment for American citizens in rural or backward areas of America.
What steps has the government taken regarding Green Card?
Measures to increase transparency and compliance have been introduced through the 'EB-5 Reform and Integrity Act, 2022'. This is to protect credible investors who wish to obtain a green card by following the rules of the EB-5 program. The government wants that no investor should lose the opportunity to get a green card due to irregularities at the regional centers or agents.
USCIS' policy update is protecting investors. It states that if the US government dismisses the regional center or the company in which the investment is made is kicked out of the EB-5 program. Even in such circumstances the investor will be considered eligible for a green card. In this way, those Indians who become victims of fraud in the name of Green Card are also going to get its benefit.
Additionally, USCIS has clarified that if an investor knew that the agent was committing fraud, leading to his or her dismissal from the visa program, he or she may now be subject to Section 203(b) of the Immigration and Nationality Act (INA). ) cannot avail the benefit under (5) (m). No discount will be given to him even if he knows that the agent is committing fraud but still no complaint is made.