More and more wealthy Arabs are trying to get investment visas in the US - ForumDaily
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More wealthy Arabs are trying to get investment visas in the US

Фото: Depositphotos

Фото: Depositphotos

Three companies in Dubai (UAE), offering legal advice on immigration, have announced a significant surge in demand for US investment visas among wealthy Arabs.

The growth in popularity of these visas began after the introduction immigration ban US President Donald Trump for citizens from 7 countries (Iraq, Iran, Yemen, Libya, Syria, Somalia and Sudan), which is now suspended by court, writes CNN.

“We have received an increased number of customer inquiries and registrations since the start of the Trump presidency. Investors are seeing how quickly immigration laws are changing and are eager to get the visa options available to them before any new regulations are introduced,” said Preya Malik, managing director of Step America, a firm that provides visa consulting services to US investors. .

Known as EB-5, the immigration program distributes green cards to foreigners who invest in the US economy (at least $ 500 thousands) and create at least 10 jobs in the country. The program allows you to issue annually about 10 thousands of visas.

Since 2011, around 83% of EB-5 visas have been issued to Chinese investors. About 2% visas were issued to investors from the Middle East.

Step America recorded 60% more requests and 40% more applications under the EB-5 program since the introduction of the ban on entry into the United States for 7 citizens of countries with predominantly Muslim populations.

Arton Capital, which specializes in 12 visa programs for investors, also reported hard work in January. The company recorded an increase in the number of requests for 200%, compared to the same period in 2016 year. In February and March, visa firms are expecting even more applications.

At the same time, in April a revision of the EB-5 program is scheduled for Congress, the minimum investment fee for obtaining a green card can be increased to $ 800 thousand.

Recall trump's executive decree on the 90-day ban on the entry of citizens of Iraq, Iran, Libya, Somalia, Sudan, Syria and Yemen, as well as the 120-day ban on the reception of refugees January 27 was published. 3 February it action has been suspended District Judge from Seattle, James Robart.

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