United States | EB-5 unreserved visa limit met for India

The United States has reached the annual limit for EB-5 unreserved visas for Indian nationals, according to U.S. immigration authorities. This means no more visas in this category will be issued to Indian applicants for the remainder of the fiscal year.

The EB-5 program grants visas to foreign investors who invest a minimum amount in U.S. commercial enterprises and create jobs. The unreserved category is for investments not set aside for rural or high-unemployment areas.

Indian investors have been among the top users of the EB-5 program. The cap being met could lead to longer wait times for new applicants from India who seek to invest under this category.

Applicants may still pursue visas under the reserved categories, which have separate annual limits. The U.S. Citizenship and Immigration Services has not announced when the next fiscal year's allocations will become available.