Explained! What is the EB-5 Regional Center Program of the USA
The pandemic indeed accelerated Indians' gradual migration to foreign countries. According to media reports, wealthy residents had started to leave the country early on to get citizenship in other countries through various cash-for-passport scams. The most well-known of these is the United States of America's EB-5 visa program, which has grown in popularity with people who want to bypass the long line of immigrants waiting to enter the US. The Regional Center Program: What is it? The EB-5 regional center program (RCP) enables EB-5 applicants to make investments in the US through an intermediary. It makes it easier for investments to be made in specific employment sectors, primarily in rural areas with unemployment rates that are 1.5% higher than the US national average. The RCP is an organization that has shown United States Citizenship and Immigration Services that it is pursuing the EB-5 program's objectives of boosting the US economy through foreign investment and job c...