- January 16, 2020
- Posted by: administrator
- Category: Blog
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We’re modernizing the EB-5 Immigrant Investor Program
Under a new rule published by the U.S. Department of Homeland Security, several changes to the EB-5 Immigrant Investor Program went into effect Nov. 21, 2019.
The new rule modernizes the EB-5 program by:
- Providing priority date retention to certain EB-5 investors;
- Increasing the required minimum investment amounts to account for inflation;
- Reforming certain targeted employment area (TEA) designations;
- Clarifying USCIS procedures for the removal of conditions on permanent residence; and
- Making other technical and conforming revisions.
What You Need to Know
Priority date retention
- Certain immigrant investors will keep the priority date of a previously approved EB-5 petition when they file a new petition.
Increased minimum investments
- The standard minimum investment amount has increased to $1.8 million (from $1 million) to account for inflation.
- The minimum investment in a TEA has increased to $900,000 (from $500,000) to account for inflation.
- Future adjustments will also be tied to inflation (per the Consumer Price Index for All Urban Consumers, or CPI-U) and occur every 5 years.
For more detail contact us;
Tel: +1-213-927-6537
Email: info@usimmigrationandvisa.com