Uglobal Immigration Magazine returned to Mumbai, India, this spring for a successful conference that assembled a who’s who crowd in one of the world’s most in-demand investment immigration markets. Nearly 400 attendees came to the June 1 Uglobal Immigration Expo, staged at the prestigious St. Regis Mumbai hotel, to hear presentations given professional panelists, to learn about sponsors in the Exhibitor Hall or to discover global investment projects.
Among the attendees were migration agencies, immigration attorneys, service providers, EB-5 regional centers and project developers from across the world. Panel topics included the latest news on EB-5 legislation and the marketplace, source of funds documentation and due-diligence best practices. Other panels focused on world investment immigration programs, including pre-immigration tax planning strategies and real estate investment opportunities in Europe.
The conference came as Indian interest in EB-5 visas grows while other options, particularly the H-1B visa, dwindle for Indians. The number of approved EB-5 visas for India-born nationals has grown more than four-fold over the last four years, according to U.S. Department State data. Simultaneously, the amount of India millionaires is also growing and is expected to rise by 65% by 2020. This growth is fueling interest in investment immigration.
Uglobal Immigration Magazine is returning to Mumbai for a second time this year on Oct. 12. The magazine will also be staging events in Los Angeles in July, and in South Korea and Vietnam in September.
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