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July 23 2019
Understanding the EB-5 Rule Changes: EB-5 Green Card Investment Amount Increased to $900,000
New EB-5 Rules Regarding TEAs The new EB-5 rules not only increase the minimum investment amount from $500,000 to $900,000 in a Targeted Employment Area (“TEA”) but also remove states from the process of designating TEAs. The new rules will require the following: USCIS, not the states, will determine TEAs No gerrymandering (irregularly shaped...
July 2 2019
EB-5 Investment Amount Increase?
Last week, the U.S. Office of Management and Budget (“OMB”) cleared USCIS regulations for publication to 1) increase the EB-5 investment amount from the current minimum of $500,000, and 2) change the Targeted Unemployment Area (“TEA”) rules. One immigration blogger predicts the new rule will be published within two weeks. If...