Earlier in January the Department of Homeland Security announced its plan for redesigning the EB-5 program under a proposal entitled “EB-5 Immigrant Investor Program Modernization.” The plan includes a proposed increase of the minimum investment amount to US$1.8 million for standard investments and $1.35 million in targeted employment areas. DHS suggests that this threshold must be revised every five years based on shifts in the consumer price index, unadjusted.
Some of the key topics discussed in the plan are the following:
According to the legal proceedings, there is a 90-day public comment period during which all suggested changes will be discussed and finalized by April of this year.
U.S. Citizenship and Immigration Services (USCIS) is revising its policy guidance in the USCISUnited States