New EB-5 Regulations Effective as of November 21, 2019

On Thursday November 21, 2019, the “EB-5 Immigrant Investor Program Modernization Rule” went into effect 120 days after the final rule was published. The final rule makes regulatory changes to the EB-5 Regional Center Program as we have written previously (Regulation change to EB-5 will increase the minimum investment to $900,000). The most important changes for investors is the increase of the minimum investment amount to US$1.8 million or US$900,000 if in a Targeted Employment Area (“TEA”) which also included a new method of determining how areas might quality as a Targeted Employment Area.

This latter change has removed a vast majority of EB-5 projects from qualifying as Targeted Employment Areas. Few investors seeking to obtain U.S. lawful permanent residence via the EB-5 visa category will choose to investment US$1.8 million versus the lower US$900,000 investment.

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Categories: EB-5, EB-5 Immigrant Investor Visa, EB-5 Investment, EB-5 Investors, EB-5 Visa, Immigrant, Immigrant Visa, Immigration, Immigration Lawyer

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New EB-5 Regulations Effective as of November 21, 2019

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