Views on Donald Trump`s Election Win and Its Effect on the EB5-Golden Visa by Binu Varghese Regional Director - India - RIF Trust
Below the Views on Donald Trump`s Election Win and Its Effect on the EB5-Golden Visa by Binu Varghese Regional Director - India - RIF Trust
Donald Trump's US Presidential Election Win and Its Effect on the EB-5
2024's US presidential election has had more twists and turns than your average rollercoaster ride. Americans are waking up disoriented from the experience. But what about Indian HNWIs, core supporters of the EB-5 Investor Visa?
“While the campaign has sent my jaw descending to the floor at times, we're expecting business as usual regarding the EB-5” “In the immediate future, the minimum $800,000 threshold is not going to increase. Neither will the benefits of a green card and then US citizenship after 5 years disappear.” “The EB-5 is here to stay and the result of the US presidential election changes nothing, meaning that the value it offers Indian investors continues to shine.”
Donald Trump has campaigned on an anti-immigration platform against the Biden-Harris administration. That might have swung him the election, particularly in the swing states. But, as we shouldn't have to remind you, politicians do not always deliver on their promises. We don’t foresee Trump's stance on the EB-5 visa being any different than when he was last POTUS from 2017 to 2021. Back then he was the 45th President of the United States and we don't predict a shift during his stint as the 47th. For all his hot air, Trump does not always follow through on policy.
Even when Trump temporarily suspended immigration into the US, the United States Citizenship and Immigration Services (USCIS) carried on handing out EB-5 Visas. The US still needs foreign direct investment, as it has continued to do since this Employment-Based Fifth Preference Visa was launched in 1990. Trump's successor and predecessor Joe Biden also extended the program until 2027, ensuring this investment migration's status as a secure and stable solution.
RIF Trust is a leading provider of Global Residency and Citizenship by Investment and is at the forefront of guiding individuals and families through residency and citizenship by investment programs, with a footprint spanning over 20 global locations. The firm has successfully helped over 10,000 clients secure second passports or residence permits through bespoke, goal-oriented solutions.
It also runs the world’s leading government advisory practice for investment migration, which has raised more than USD 5 billion in FDI.
RIF Trust is a government-approved partner and an authorized agent of the world’s most powerful residency and citizenship programs, such as Antigua and Barbuda, Dominica, Grenada, Malta, Saint Kitts and Nevis, and St Lucia.
RIF Trust has a team of expert investment migration specialists who simplify global mobility opportunities with tailored residency and citizenship solutions. The firm caters to professionals, entrepreneurs, and business families to plan their generational mobility by investing in these programs around the world. RIF Trust's overall strategic direction is to provide HNWI and their families with second citizenship & EU residency solutions to help them achieve their long-term investment and family succession goals.
RIF Trust is an important intermediary between governments, banks, investors and asset managers thanks to its long-standing expertise in asset management and immigration in the UAE.
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