India might be the next EB-5 supermarket despite the growing market in China. In the years since the EB-5 program reached maturity, following the 2008 financial crisis, mainland Chinese-born applicants have dominated the investor pool. Indeed, even despite retrogression (which has stretched likely wait times into the ballpark of 10 years), Chinese investors represented about 85% of new I-526 petitions filed in fiscal year 2016, according to NES Financial data. It’s curious, then, that India — which, like China, has a very large population; is currently in the midst of its own economic boom; and, notably, has no current backlog — lags so far behind in terms of EB-5 interest.
In this week’s featured article, “Country Spotlight: India, The Next EB-5 Supermarket After China?,” Mona Shah examines potential reasons for this discrepancy and offers her thoughts on the likelihood that India’s small — but growing — EB-5 applicant pool could bloom into a full-on, China-rivaling supermarket for US immigrant investment.
Read the article: “Country Spotlight: India, The Next EB-5 Supermarket After China?”
NES Financial, in collaboration with more than 20 EB-5 industry experts, has released the latest edition of its EB-5 eBook series, EB-5 Insider: Medallion Partners Share Insights on Industry Trends.
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