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Business Economy


IIUSA in association with PHD Chamber of Commerce & Industry commences India EB-5 Passport Roadshow Series

Mumbai, May 28 (UNI) Invest In the USA (IIUSA), the membership association for the EB-5 Regional Centre industry, in partnership with PHD Chamber of Commerce and Industry, has commenced a series of educational events in India for cohesive knowledge-building sessions about the US investment / EB-5 immigration process, project due diligence, and financial & tax planning, etc.
The event was conducted in the states of Delhi, Mumbai, Hyderabad and Bengaluru in May and June. McKenzie Penton, director of Events and Business Development, IIUSA, Aaron Grau, executive director, IIUSA, and Mayank Chhatwal, secretary, International Affairs & Trade Fair Division, PHDCCI, addressed the press conference on IIUSA EB-5 Passport Series: India, a release said here on Saturday.
“IIUSA is representing the EB-5 regional central industry and we are very pleased to work with PHD Chamber and we are here to educate potential investors about the programme,” Aaron Grau, executive director, IIUSA, said.
According to the latest findings by IIUSA, between 2016 and 2019, demand for EB-5 visas, which give candidates a straight road to US citizenship, increased 400 cent per cent in India.
Additionally, Indian nationals held the biggest number of EB-5 Immigrant Investor applications in October-December and April-June quarters for the fiscal year 2019, the release added.
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