Lucknow-based Hoboken Pvt Ltd has partnered with US-based National Realty Investment Advisors (NRIA) to launch EB-5 immigration process services to Indians. EB 5 Immigrant Investor Visa Program is one of five employment-based (EB) preference programs in the United States, with the aim of encouraging foreign investment and economic growth in rural areas or areas of high unemployment in the US.
As part of the partnership, Indians looking at immigrating can get a green card through investment of $500,000. While the process can take around 5 years, people opting for it can get a 3% annual return for time the investment stays with NRIA EB5. After the investor has received the unconditional green card the money, is returned with 2% annual return. The whole process comes with a processing fee of $50,000.
“NRIA is a vertically integrated investment management firm with a proven track record, extensive experience and a history of exceptional performance. With this partnership, we are happy to help in opening the doors to the land of opportunity for Indians looking at building something while getting the returns they deserve,” said, Glenn La Mattina.
