July 26, 2019 - U.S. Citizenship and Immigration Services (USCIS) published its long-awaited final rule making several significant changes to the first major overhaul of its EB-5 final rule Immigrant Investor Program. The final rule becomes effective on Nov. 21.The most important change to the Investor's EB-5 visa in the increased amount of the investment. Specifically, the USCIS-administered program today requires a $1 million investment per EB-5 investor, although that threshold is reduced to $500,000 if the investment occurs in a rural or high unemployment area, known as a Targeted Employment Area (TEA).
Comments