Q&A: What is Eb5 visa?

Given the hype in the media over potential changes to American visa and immigration regulations, EB5 is being touted by immigration consultants and an ?easy? way to get an American Green Card.

Let us start with the Official: USCIS Link EB-5 Immigrant Investor Program

USCIS administers the EB-5 Program. Under this program, entrepreneurs (and their spouses and unmarried children under 21) are eligible to apply for a green card (permanent residence) if they:

– Make the necessary investment in a commercial enterprise in the United States; and

 

– Plan to create or preserve 10 permanent full-time jobs for qualified U.S. workers.

The following link to GaramChai.com Eb5 visa section has a more detailed description and analysis of the EB5 program

EB5 is an American ?investor? visa. The EB-5 visa provides a method of obtaining a green card for foreign nationals who invest money in the United States. To obtain the visa, individuals must invest $1,000,000 (or at least $500,000 in a Targeted Employment Area – high unemployment or rural area), creating or preserving at least 10 jobs for U.S.

Assuming you are a high-net worth individual who can afford to invest US$ 0.5 to 1 million, it is still worth heeding the Investor Alert: Investment Scams Exploit Immigrant Investor Program (USCIS and SEC caution investors)

If your investment through EB-5 turns out to be in a fraudulent securities offering, you may lose both your money and your path to lawful permanent residency in the United States. Carefully vet any EB-5 offering before investing your money and your hope of becoming a lawful permanent resident of the United States.

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Does Indian Media feels vindicated after Trump condemns techie's killing ?

The Indian Media sounded like it was vindicated after news of American President Donald Trump condemning the Indian Techie’s killing.

Press Trust of India, from Washington?DC posted an article, which was picked up by much of the Indian media “Trump condemns Indian techie’s killing in address to Congress”

About the incident (link): Last week, two Indians were caught in the crosscurrents of racial tension in America while at? a Kansas bar-cum-grill when one American fired seven bullets at them after yelling ?get out of my country?, and another tried to stop the gunman.

After the incident, the media, digirati and American policy watchers waited for an announcement by Mr. Trump. (ref: Step up and speak out: Hillary Clinton to Prez Trump on Indian techie?s killing – HT || Trump?s silence ?disquieting?: Kansas City Star edit on Indian techie?s killing – MSN)

US President Donald Trump on Wednesday?broke his silence on the fatal Kansas shooting by stating?”America stands united in condemning hate and evil in all its forms.”? Trump added in his address to the joint session of US Congress:

“Recent threats targeting Jewish Community Centers and vandalism of Jewish cemeteries, as well as last week’s shooting in Kansas City, remind us that while we may be a nation divided on policies, we are a country that stands united in condemning hate and evil in all its forms”

A section of the Indian media sounded vindicated by Trump’s acknowledgement:

However, some in the Media also reviewed this as a “half-hearted” acknowledgement of the?hate crime. Indian Express Editorial posted 😕 Trump?s half-hearted mention of hate crimes in joint address hints unwillingness to take action

“His campaign was filled with inflammatory rhetoric and this administration?s policies seem no different. Hate crimes like the Kansas attacks have followed a wave of racist attacks and this wave continues unabated. White House stayed in denial and refused to link the two. Though he mustered up the courage to speak up against hate crimes and anti-semitism emerging again in the country, he didn?t promise any action against the perpetrators.”

Bottomline: this is not the last word on the topic

Return to India : Articles and blogs on returning NRIs

Indians settled overseas frequently muse about “Returning to India.” Even the Indian media frequently runs articles about NRI returnees and their saga.

Here are a couple of articles are making the rounds among digerati.


You may also be interested in GaramChai.com Return to India Section

Nupur Dave, a Technical Program Manager, Google For Work posts an interesting article on LinkedinPulse, titled “Why I Moved Back To India after 10+ Years in USA”

I am, what they call, a US Return. After more than a decade living in the United States, I moved back to India for good.

When I announced I was moving back to India permanently, some of the responses I was given were
* “Are you SURE?”
*”Let?s see how long you last?.
* “I am happy to see you walk the talk”
*”OMG OMG OMG OMG OMG”
* and the insipid “Ok cool”
But why did i move back? Wasn’t it a normal, successful and happy life in the United States?
Yes, but on paper.
I had a job: I worked for Google, consistently rated #1 company to work for. I had status: active in the Indian Googler network, organizing events for thousands of Indian Googlers.

Another post by Mohan, who also contributes to GaramChai takes a more nuanced view of his experience returning to India in this blog “Return to India Musings: when a home becomes a golden egg”

The first thing that hits one after landing back from a stint abroad is the abundance of people. This mass of humanity is visible right outside the exit gates of the swanky Bangalore international airport and carries through on the ride out on the highway where the airport traffic merges with commuters and is magnified as one approaches Hebbal flyover into the city.

After making annual trips back to my hometown from my adopted homeland in America, I recently took a conscious decision to spend an extended period of time in Bangalore. My family story is not atypical of that of scores of other NRIs ? aging parents unable to manage on their own due to flailing health, yearning for their offspring?s to be around. Rather than contributing to the emerging market of ?old age? homes in India by coaxing my parents to spend their sunset years in one such institution, I thought spending quality time with them was more valuable. Thus my wife, son and I find ourselves back in the bedroom in a home where I spent college years.

Kansas shooting: GoFundMe Raises nearly $ million for Family victims

Our heartfelt condolences go to the families of the victims of Shooting at a Kansas Bar this week ..

About the incident: Two Indians were caught in the crosscurrents of Donald Trump’s America in a Kansas bar-cum-grill on Wednesday evening when one American fired seven bullets at them after yelling “get out of my country”, and another tried to stop the gunman.

Srinivas Kuchibhotla, 32, was declared dead after he was brought to a hospital, while his friend, Alok Reddy Madasani, also 32, survived and was discharged today.


We applaud the courage of Sunayana Dumala, the young widow of the Indian man who was killed in shooting, for standing up in front of the global media demanding justice and answers.?We?hope the young widow, continues to get her voice heard and justice prevails!


The gunman, 51-year-old US navy veteran Adam Purinton, was on Thursday charged with premeditated first-degree murder and two counts of attempted premeditated first-degree murder. Bond has been set at $2 million.

The attack was probably the first major hate crime the Indian-origin community in the US has faced since Trump took oath as President after a campaign filled with rhetoric against immigrants. His victory had triggered worries of race attacks.

Donation and GoFundMe pages:

Srinu’s Family/Recovery Support – On February 22nd 2017, ?an intoxicated man hurling racial slurs opened fire inside a packed Kansas bar killing our dearest friend Srinivas Kuchibhotla. (Raised $601,245 of $150k goal – 26th Feb)

Madasani / Kuchibhotla Relief Fund – Alok Madasani and Srinivas Kuchibhotla, both employees at Garmin, were enjoying their evening at a local sports bar in Olathe, KS when they were confronted with racist, bigoted remarks and ultimately shot as part of what appears to have been a vicious hate crime. ($87,117 of $100k goal – 26th Feb)

Alok Madasani Medical Relief fund – My brother-in-law Alok Reddy, 32, is?recovering from his wounds after being shot by a former US Navy veteran, an attack eyewitnesses said could be racially motivated. Alok?s 32-year-old friend, Srinivas Kuchibhotla, was killed in the Austins Bar and Grill in Olathe.?Alok and Srinivas were in the bar to cool off and have a beer after work on Wednesday night when they were attacked.?They?didnt expect that they would fall victims to the violence happened that night. I am raising this campaign to provide financial support for my brother-in-law’s medical expenses. ($13,733 of $75k goal – 26th Feb)

Media reaction :

Content update: Weekend in Toronto

We at GaramChai.com are continually updating our links and content. We recently received the following note from AirBnb asking if we could update the section on “Weekend Getaway to Toronto for Desis from USA

My name is Steve and I am part of the Airbnb team. I ?was checking out your?post (http://www.garamchai.com/canada/torontoweekend.htm) and wanted to?reach out and ask a question.

Airbnb has a “things to do in Toronto” guide based on recommendations from?local hosts that might be useful for your audience if you want to add it?to your site as a resource.?

Would you be interested in checking it out? I can send the link over.
Thanks!
Steve

We reviewed the recommendation from Steve and added the following to this page:

Things to do in Toronto – “A definitive guide of the best local spots, as told by local Airbnb hosts:”

#1 High Park (Parks & Nature Parks)
#2 Royal Ontario Museum (Arts & Culture Museums )
#3 Art Gallery of Ontario (Arts & Culture Museums)
#4 Rogers Centre Tour Experience (Entertainment & Activities ?)
#5 Ripley’s Aquarium Canada (Entertainment & Activities)
#6 St. Lawrence Market (Everything Else in Shopping)
#7 CN Tower Toronto (Sight seeing, Points of Interest)
#8 Dundas Square (Entertainment & Activities ?)
#9 Kensington Market (Sightseeing Neighborhoods)
#10 Distillery District (Sightseeing Neighborhoods)
#11 The Drake Hotel (Everything Else)
#12 Trinity Bellwoods Park (Parks & Nature Parks)
#13 Harbourfront Centre (Arts & Culture)
#14 TIFF Bell Lightbox (Arts & Culture Museums)
#15 Air Canada Centre (Entertainment & Activities)
#16 Gusto I-101 (Food Scene Restaurants)
#17 Bellwoods Brewery (Drinks & Nightlife)
#18 Toronto Eaton Centre (Shopping Malls)
#19 Grand Electric (Food Scene Restaurants)
#20 Steam Whistle Brewing (Drinks & Nightlife )

 

Thanks Steve from AirBnb!

NRI Event: Playback Singer Arijit Singh Live in Concert April 8th Tampa, Florida

Event announcement: Check out the concert by popular?Playback Singer Arijit Singh

Event Date Saturday, April 08, 2017
Name Arijit Singh Live in Concert April 08, 2017 at Amalie Arena in Tampa, FL 8:30PM
Address 401 Channelside Dr,?Tampa, FL 33602
Brief Description Arijit Singh Live in Concert April 08, 2017 at Amalie Arena in Tampa, FL 8:30PM
Category Concert Events
Cost $39.00 – $300.00
About Arijit Singh

Arijit Singh is an Indian playback singer, predominantly singing Hindi and Bengali songs. He is praised for his ability of giving soul to lyrics, and “life to a song”. He is known for being shy and emotional and often stays away from limelight despite huge fame and popularity that he enjoys in India.Some of his most popular Hindi songs are “Tum Hi Ho”, “Sanam Re”, “Muskurane Ki Wajah Tum Ho”, “Hamari Adhuri Kahani”, “Hamdard”, “Man Mast Magan”, “Kabira (Encore)”, “Kabhi Jo Badal Barse”, “Samjhawan”, “Sawan Aaya Hai”, “Suno Na Sangemarmar”, “Khamoshiyan”. – Wikipedia


Event organized by ?Roshni Productions LLC

Contact 732-333-8116 or?email : roshniproductions@gmail.com

$11.5 billion NRI investment coming into realty, there is money to be made

Three months back, if someone would have recommended real estate stocks, you would have thought he must be joking.

After the demonetisation drive in November, the real estate sector was left in the ruins as the worst casualty of the cash ban.


You may also be interested in section of GaramChai.com – Realtors, Real Estate, mortgage and property deals for NRIs, Indians and Indo-Americans


But you will be in for surprise if I tell you that the S&P BSE Realty index, the barometer of the real estate sector, has actually delivered 14 per cent return so far in 2017 and is up nearly 2 per cent since demonetisation.

What does it tell you? The concerns about the real estate sector are largely done with and after the mega booster dose from the Union Budget, things are looking not just rosy but attractive to make this sector a top investment bet for the year.

The Budget announcements clearly indicated that the government?s focus on improving affordability of homes will benefit end-users, which would result in significant increase in housing supply in the secondary market.

?In 2017, total NRI investment in realty in top eight cities is expected to touch $11.5 billion. This will represent 20 per cent of total market share, currently estimated at $60 billion,? KanikaBSE -5.00 % Gupta Shori, COO & Co- Founder, Square Yards, said in a report.

Read more at Economic Times?