Latest news with #Deepesh
Business Standard
3 days ago
- Business
- Business Standard
Indian Families Rush to Secure US Green Cards Before $5 Million Hike Kicks In
VMPL Mumbai (Maharashtra) [India], June 19: With the cost of a U.S. Green Card investment visa set to rise dramatically under proposed policy changes, Indian investors are moving quickly to file under the current EB5 programme, according to Deepesh Deshmukh, Director of DSquare Global Pvt. Ltd. and an expert in U.S. immigration solutions. The EB5 visa programme, which currently allows foreign nationals to gain U.S. permanent residency by investing $800,000 (approximately ₹7 crore) and creating ten American jobs, may soon become significantly more expensive. U.S. President Donald Trump is proposing to raise the investment threshold to $5 million, a change that would price out thousands of hopeful applicants, especially from India, where interest in U.S. migration remains high. "We are already seeing a surge in demand," said Deepesh during a recent podcast interview on Finance with Sharan - The One Percent Show. "Indian families who were earlier on the fence are now accelerating their applications. Many of them understand this could be their last affordable chance at securing a U.S. Green Card." A key point of discussion during the interview was the availability of collateral-free loans of up to $300,000, sourced from within the U.S. itself, to help applicants based in the U. S. meet the EB5 investment requirement. These loans come with a typical annual interest rate of 5.95 percent. Deepesh explained that many Indians, including those without the full investment amount, are taking this route to give their children a chance at a better future. "I've seen families with less than ₹1 crore in total savings take out loans to apply," he said. "For them, it's not just about moving to the U.S. It's about long-term security, education, and opportunities." The U.S. caps EB5 visas at 10,000 per year globally, with only 700 allocated per country. That restriction, combined with high demand from Indian applicants, could mean long wait times if investors miss the current window. "There's already a long waiting period just to get a U.S. tourist visa," said Deepesh. "Imagine the queue once people realise this $800,000 route may disappear. We are advising serious applicants to begin paperwork within the next three months if they want to qualify under the existing rules." When asked why affluent Indians are increasingly choosing the EB5 route, Deepesh pointed to quality of life as a primary driver. "It's not about abandoning India. It's about what the U.S. offers -- clean air, working infrastructure, and a transparent system. You pay taxes, and you see the results." He also clarified a common misconception: applying for a U.S. Green Card does not require Indians to give up their citizenship. "You retain your Indian passport until you decide to apply for U.S. citizenship, usually after five years," he said. One of the podcast's most notable revelations was that middle-income families are also using the EB5 programme, thanks to flexible financial arrangements. Deepesh mentioned cases where even families with partial funds have managed to secure the investment by using loan assistance from Banks, friends, and family. The EB5 visa grants permanent residency, unlike temporary options such as student visas or H1B work permits, which are limited by quotas and job status. "With a Green Card, your stay in the U.S. doesn't depend on a job offer or employer sponsorship," Deepesh said. "It's called permanent residency for a reason. It gives families the peace of mind they're looking for." Deepesh advised prospective applicants not to delay. "Even if you're not ready with the full amount, begin the legal process now. The rules could change anytime, and once the new threshold is in place, it's unlikely to be reversed."
Mint
3 days ago
- Business
- Mint
Indian Families Rush to Secure U.S. Green Cards Before $5 Million Hike Kicks In
Mumbai, India, June 19, 2025: With the cost of a U.S. Green Card investment visa set to rise dramatically under proposed policy changes, Indian investors are moving quickly to file under the current EB5 programme, according to Deepesh Deshmukh, Director of DSquare Global Pvt. Ltd. and an expert in U.S. immigration solutions. The EB5 visa programme, which currently allows foreign nationals to gain U.S. permanent residency by investing $800,000 (approximately ₹ 7 crore) and creating ten American jobs, may soon become significantly more expensive. U.S. President Donald Trump is proposing to raise the investment threshold to $5 million, a change that would price out thousands of hopeful applicants, especially from India, where interest in U.S. migration remains high. 'We are already seeing a surge in demand,' said Deepesh during a recent podcast interview on Finance with Sharan - The One Percent Show. 'Indian families who were earlier on the fence are now accelerating their applications. Many of them understand this could be their last affordable chance at securing a U.S. Green Card.' A key point of discussion during the interview was the availability of collateral-free loans of up to $300,000, sourced from within the U.S. itself, to help applicants based in the U. S. meet the EB5 investment requirement. These loans come with a typical annual interest rate of 5.95 percent. Deepesh explained that many Indians, including those without the full investment amount, are taking this route to give their children a chance at a better future. 'I've seen families with less than ₹ 1 crore in total savings take out loans to apply,' he said. 'For them, it's not just about moving to the U.S. It's about long-term security, education, and opportunities.' The U.S. caps EB5 visas at 10,000 per year globally, with only 700 allocated per country. That restriction, combined with high demand from Indian applicants, could mean long wait times if investors miss the current window. 'There's already a long waiting period just to get a U.S. tourist visa,' said Deepesh. 'Imagine the queue once people realise this $800,000 route may disappear. We are advising serious applicants to begin paperwork within the next three months if they want to qualify under the existing rules.' When asked why affluent Indians are increasingly choosing the EB5 route, Deepesh pointed to quality of life as a primary driver. 'It's not about abandoning India. It's about what the U.S. offers — clean air, working infrastructure, and a transparent system. You pay taxes, and you see the results.' He also clarified a common misconception: applying for a U.S. Green Card does not require Indians to give up their citizenship. 'You retain your Indian passport until you decide to apply for U.S. citizenship, usually after five years,' he said. One of the podcast's most notable revelations was that middle-income families are also using the EB5 programme, thanks to flexible financial arrangements. Deepesh mentioned cases where even families with partial funds have managed to secure the investment by using loan assistance from Banks, friends, and family. The EB5 visa grants permanent residency, unlike temporary options such as student visas or H1B work permits, which are limited by quotas and job status. 'With a Green Card, your stay in the U.S. doesn't depend on a job offer or employer sponsorship,' Deepesh said. 'It's called permanent residency for a reason. It gives families the peace of mind they're looking for.' Deepesh advised prospective applicants not to delay. 'Even if you're not ready with the full amount, begin the legal process now. The rules could change anytime, and once the new threshold is in place, it's unlikely to be reversed.'
The Hindu
6 days ago
- Sport
- The Hindu
Promising pacer Deepesh breaks into Indian under-19 squad
Having come close last year, Tamil Nadu's D. Deepesh finally made it to the India under-19 squad on Monday when he was announced as one of the injury replacements for the tour of England later this month. The 17-year-old pacer is a chip off the old block, the son of former Tamil Nadu player V. Devendran. An opener, Devendran was the third-highest run-getter alongside S. Anirudha in the inaugural Syed Musthaq Ali T20 (2007) and was instrumental in the team's triumph before he joined the now-defunct Indian Cricket League. Speaking about his son, a proud Devendran said, 'We were disappointed when he couldn't be a part of the (u-19) Asia Cup last year (Deepesh was one of the standbys), because he didn't receive his visa on time. But I am glad he got a break now and want to thank H. Shankar (Secretary of Chengalpattu district team) for his unflinching support.' The 47-year-old, who has been Deepesh's coach, added: 'He is a good batter, but I told him to become a fast bowler because he has pace. Even if he was a bit wayward, I told him not to compromise pace because control can be learnt.' It is something Deepesh, who clocks above 130kph, says he has realised and also credited Sandeep Warrier for guiding him when he was part of TN's Vijay Hazare squad last year. 'I was dropped from the u-19 team last year after a poor performance in the semis. Sandy anna found out what I was trying and asked me not to slow my run-up or pace. He felt I could play at a higher level if I continued to back my strengths. That gave me a lot of confidence.' 'I am thrilled to have finally got the chance. I want to do well in every opportunity I get,' added Deepesh.
Time of India
14-06-2025
- Time of India
Forest officials visit home of boy who flagged helpline failure in letter to Karnataka CM
Udupi: Forest officials visited the home of Class 10 student Deepesh Deepak Shenoy in Udupi after he wrote to the chief minister highlighting the failure of the department's wildlife helpline during a recent incident. It is learnt that Kundapur sub-division ACF Prakash Poojary, range forest officer (RFO) Varijakshi, deputy RFO Shivanand, and beat officer Devraj Pana visited the boy's residence to take stock of the situation on Thursday. ACF Prakash Poojary told TOI, "This incident occurred due to a communication gap. We do not ignore such calls. In this case, the staff the boy tried to contact were in interior areas with poor connectivity. The range officer even tried to return the call as soon as he got the message," he said. Deepak Shenoy, the boy's father, said that in addition to forest department officials, personnel from the Udupi City Municipal Council (CMC) also reached out to verify the incident. "We told them that my son only wanted to confirm whether the snake was venomous so he could act accordingly," he said. "He wrote to the CM, forest minister, and DFO to ensure the helpline works when it's needed most," Deepak added. The incident, reported by TOI on June 12 under the headline 'Student rescues snake, flags forest department helpline failure in letter to CM', took place on June 8 at the family's home in Kukkikatte, Udupi. Deepesh, a student of TA Pai English Medium School, Kunjibettu, responded calmly when a snake slithered into their home. With guidance from his father, he immediately called the wildlife helpline (1926) and was redirected to the local range office. Despite repeated calls, sharing photos of the snake, and informing officials about the presence of senior citizens at home, no assistance arrived, he alleged. With no response by late afternoon, Deepesh sought help from a local wildlife expert, who identified the reptile as a Buff Striped Keelback—a non-venomous species. He then safely released the snake back into the wild. Following the incident being reported, Deepak said they received supportive calls from various well-wishers and organisations recommending Deepesh for the Pradhan Mantri Rashtriya Bal Puraskar and Shaurya Award for his presence of mind and responsible action, Deepak said. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
Time of India
11-06-2025
- Time of India
Udupi student rescues snake, flags forest dept helpline failure in letter to CM
1 2 Udupi: A class 10 student from Udupi is winning hearts for bravely rescuing a snake that entered his home at Kukkikatte, despite not knowing whether it was venomous or not. However, what followed left him disappointed: a complete lack of response from the forest department's wildlife helpline. Deepesh Deepak Shenoy, 14, a student of TA Pai English Medium High School, Kunjibettu, and a member of the Bharat Scouts and Guides (Udupi unit), said the incident took place on June 8 at around 2.24pm, at his residence in Udupi. Deepesh is the son Deepak Shenoy, a finance consultant and Deepa, a tax consultant. In an email addressed to the chief minister, forest minister, and deputy conservator of forests (DCF), Deepesh recounted how he drew on his training as a Scout to respond calmly when a small snake slithered into his house, causing panic among his elderly grandparents, mother, his younger brother and a cousin. "I kept a cool head and, using the guidance I received as a Scout, carefully caught the snake and secured it in a ventilated box, ensuring safety for both my family and the animal," he said. Deepesh, with the help of his father, immediately contacted the wildlife helpline (1926) and was redirected to the local range office. Despite repeated calls, sharing photographs and details, and highlighting the risk to senior citizens in the home, no official assistance was provided, he alleged. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Frustrated, he tried to lodge a complaint via the helpline, but it was refused. "This total breakdown in response has shaken our faith in the department responsible for safeguarding both people and wildlife. If this is the norm, citizens may hesitate to seek help in such situations, potentially leading to fatal consequences," he warned. By late afternoon, with no support arriving, Deepesh took it upon himself to release the snake safely after confirming its identity through a local wildlife expert. It was a buff striped keelback, a non-venomous species. Deepesh has now sought an inquiry into the negligence of the concerned forest department officials, urging authorities to ensure that wildlife rescue protocols and helplines function effectively during emergencies.
