Sunday February 25, 2018
Home India In uncertain ...

In uncertain H1-B Visa Programme, US firm targets Indians with EB5 – the ‘Golden Visa’

0
//
93
Visa application, (representational Image) Wikimedia
Republish
Reprint

New Delhi, May 11, 2017: As confusion looms over the future of the H1-B visa programme, an investment-facilitating firm is targeting rich Indians with the EB5 visa, popularly known as the “Golden Visa”, that promises a faster route to US citizenshipThe US Immigration Fund (USIF), which launched its Indian operations this year, is confident that affluent Indians who invest half a million dollars or more in a Targeted Employment Area (TEA) — creating 10 or more jobs — under the EB5 visa programme, will get US citizenship in a shorter time compared to the H1-B visa programme.

NewsGram brings to you latest new stories in India.

US President Donald Trump has called for stricter norms for issuance of H1-B visas, largely availed of by Indian IT firms. A private member’s bill was also introduced earlier this year in the US Congress by Democrat Zoe Lofgren which seeks to increase the minimum salary of an H1-B visa holder to a whopping $130,000 from the current minimum of $60,000.

“With the H1-B environment becoming tougher and tougher, demand for EB5 has gone up,” Andrew Graves, USIF’s Director of Business Development in India, told IANS.

“Indians are becoming more aware of the EB5 visa programme,” he said.

Introduced by then US President Bill Clinton in 1990, the EB5 visa programme allows an individual to invest $500,000 in either of two TEAs — a high unemployment area in a US metropolis or a rural area outside of a metro — or $1 million in a non-TEA area that can create 10 or more jobs.

Go to NewsGram and check out news related to political current issues.

Earlier this month, the US Congress extended the programme, which has seen much controversy over the merits of its applicants, till September 30 this year.

Graves explained that once an application is filed for an EB5 visa programme, the applicant has to fill in a I526 form under a US attorney after which he or she gets a temporary US Green Card for 16 months.

Once the conditions are met, around two years later, the applicant has to fill in the I829 form which leads to lawful permanent residency in the US.

“So, the EB5 offers a certain way for US citizenship within roughly five years,” Graves said.

The USIF clams to have a proven track record of 100 per cent approval rating from the US Citizenship and Immigration Services (USCIS) on all adjudicated projects.

Look for latest news from India in NewsGram.

It has 24 projects in the real estate sector to its credit with $3.2 billion in EB5 capital that includes 6,400 investors.

China is the largest beneficiary of the EB5 visa programme, accounting for 75.6 per cent or over 7,500 visas.

India is sixth in the list with 149 visas after Vietnam (334), South Korea (260), Taiwan (205) and Brazil (130).

But Graves feels that Indians can make it to the second spot after China.

“We are 100 per cent sure that India will occupy a strong second place after China,” he said.

Given the uncertainty over the H1-B visa programme, more and more Indians graduating from US universities are opting for the EB5 visa for US citizenship.

The advantage: If an H1-B visa holder is fired from his or her job, he or she will have to leave the US along with family whereas once permanent residency is attained, he or she is no longer dependent on others for staying in the US as long as the person is law-abiding and renews the Green Card on time.

But how can a fresh Indian graduate in the US afford to invest a minimum of $500,000 to apply for an EB5 visa?

“It usually comes as a gift from the family (to ensure the son or daughter’s future),” Graves said, indicating that only the more affluent Indians can afford the “Golden Visa”. – (IANS)

Click here for reuse options!
Copyright 2017 NewsGram

Next Story

Is Chutney out of place in Carnival?

Chutney has been able to resist the domination of calypso as the heartbeat of Carnival music

0
//
37
Chutney has been able to resist the domination of calypso as the heartbeat of Carnival music. Wikimedia Commons
Chutney has been able to resist the domination of calypso as the heartbeat of Carnival music. Wikimedia Commons
  • Chutney soca music is a crossover style of music incorporating Soca elements
  • The satire on Prime Minister Rowley’s mother has been arguably the most controversial song in the history of calypso, soca and chutney in the country.
  • It is the International Chutney Queen Competition to be held on February 2 at Guaracara Park in San Fernando, the second largest city in the country

By Dr Kumar Mahabir

When people get angry, they tend to speak their mind. Their emotions explode in words that they have been suppressing for some time. Psychologist Dr Jeffrey Huntsinger proved this theory after conducting experiments at Loyala University in Chicago in the USA in 2012.

Chutney Soca promoter George Singh really spoke his mind when he became upset on learning that his 2018 show was not funded by the National Lotteries Control Board (NLCB), an agency of the Afro-dominated Government in multi-ethnic Trinidad and Tobago  (T&T).

At a news conference which he convened, Singh said that “the decision by the Government not to support chutney soca was an insult to the art form” (Express 05/02/17).

George Singh is a Chutney Soca promoter. Wikimedia Commons
George Singh is a Chutney Soca promoter. Wikimedia Commons

Singh raged: “The Government, over the last three years, has consistently reduced funding to Chutney Soca Monarch and various members of the present administration have stated directly to me that chutney soca brings no value to Carnival” (emphasis added).

At the same news conference, Singh said that the Government had approved a budget of TT $146 million to the National Carnival Commission (NCC).

Also Read: When shall we see a Turkey-less Thanksgiving Day?

“I think this administration is hell-bent on seeing that it [chutney soca] has no place in Carnival. It is a slap in the face to Indo-Caribbean entertainment,” he said.

Singh’s outburst was a public exposé of what the Indo-Trinidadian (Indian) community had always known i.e. Indian culture (e.g. chutney, pichakaree ) is given marginal or no space in “national” and regional shows (e.g. CARIFESTA).

Sing’s rant is more revealing since he has admitted that he has “family ties” to Attorney General Faris Al-Rawi (Express 27/12/17).

Carnival in Trinidad has long been the cultural preservation of the Afro-Trinidadian (African) community. Wikimedia Commons
Carnival in Trinidad has long been the cultural preservation of the Afro-Trinidadian (African) community. Wikimedia Commons

In all his anger, Singh was careful not to confirm what almost every Trinidadian suspected i.e. that Government initially denied him funding because he was allowing Massive to perform his hot chutney hit “Rowlee Mudda Count.”

The satire on Prime Minister Rowley’s mother has been arguably the most controversial song in the history of calypso, soca and chutney in the country.

I have always contended that chutney concerts, competitions, tents and fêtes must be recognised as part of Carnival and must be a given an equitable share of culture funds, media space and stage presence.

Also Read: Western intellectuals’ overwhelming love for Sanskrit literature

My argument is contained in detail in a chapter entitled “Chutney Music in Carnival:

Re-defining National Identity in Trinidad and Tobago” in the book Caribbean Dynamics:

Re-configuring Caribbean Culture (2015). The book is edited by Drs Beatrice Boufoy-Bastick Savrina Chinien and published by Ian Randle in Jamaica.

In the chapter, I discussed how Carnival in Trinidad has long been the cultural preservation of the Afro-Trinidadian (African) community. To this day, the major players and champions of calypso, soca, extempo, steelpan and masquerade, whether in Jouvert (“Jour Ouvert”) or Dimanche Gras, remain participants of African descent.

The emergence of chutney music and artists in 1995 – when Basdeo Panday was elected as the first Indian Prime Minister of T&T – was historic. In 1996, the rendition of Sonny Mann’s runaway hit “Lotay La” by DJs in soca parties, and by steel bands as their Road Mach tune during Carnival signalled the advent of chutney into the national urbanized festival/centre.

Chutney is being strongly influenced by calypso and soca rhythms and dance styles. Wikimedia Commons
Chutney is being strongly influenced by calypso and soca rhythms and dance styles. Wikimedia Commons

In the following years, Indians continued to change the ontology of “the national festival” to the extent that Carnival has to be re-defined to include Chutney Monarch, Chutney Brass, Chutney Soca, Chutney Calypso, Chutney Glow and Chutney Mardi Gras.

For the first time this year, a new chutney show is being introduced to the Carnival calendar. It is the International Chutney Queen Competition to be held on February 2 at Guaracara Park in San Fernando, the second largest city in the country. The event is being hosted by Randy Glasgow Productions.

Also Read: Race as a tool to keep people Divided: Will Science break the Shackles?

Chutney is being strongly influenced by calypso and soca rhythms and dance styles, but the genre is also used as an alternative to the Afro-Creole music formats. There have been two institutionalised chutney calypso theatres: “D” Massive Gosine Roving Calypso/Chutney Tent and the National Chutney Calypso Touring Tent.  Now in its eighth year is the National Carnival Schools Intellectual Chutney Soca Monarch Competition held at the Queen’s Park Savannah in Port of Spain.

These chutney competitions cum fêtes allow Indians to gain a sense of inclusion in this grand “national” festival, although on the periphery of the capital city. These cultural incursions also allow Indians to actively participate in Carnival without losing their (sense of) ethnic identity.

Dr Kumar Mahabir is an anthropologist who has published 11 books
Dr Kumar Mahabir is an anthropologist who has published 11 books

In 1998, cultural critic Burton Sankeralli wrote: “Indians are claiming Carnival space as Indians…. [and] … The flagship of this Indocentric presence and contestation for space is chutney …” With the re-creation of chutney, Indian artists are refusing to be subjected to silence and invisibility on mainstream radio, television, newspaper and the stage.

Chutney has been able to resist the domination of calypso as the heartbeat of Carnival music. The subversive spirit of calypso and Carnival is perhaps being re-incarnated in chutney.

(Dr Kumar Mahabir is an anthropologist who has published 11 books)