As declared by United States Citizenship & Immigration Services on July 24, 2019, the anticipated final rule has taken effect on Thursday, November 21, 2019. The new regulations have brought about a dynamic ripple effect across the industry in terms of investments.

Drawing a comparison between the old regulations and the reformed ones will give you a clear picture of the remodeling:

• Accrual of the investment amount for Targeted Employment Areas (TEAs) from US$500,000 to US$900,000 plus the processing overhead cost, legal and filing fees
• Accrual of the investment amount in other parts (Non-TEA) of the country from US$1 million to US$1.8 million plus the processing overhead cost, legal and filing fees
• The applicants can retain the priority date of an immigrant petition approved for classification as an investor unlike before
• The shift in authority for TEA designations from Regional Centers to Department of Homeland Security (DHS) Changes in the Regional Center Program:

The role of Regional Centers was supposed to come to an end, according to the new rules. But Congress introduced the EB-5 Reform and Integrity Act of 2019 reinstating the Regional Center Program until December 20, 2019. The act introduced will provide reforms to cure the weaknesses of the program.

It is possible that the rules and regulations will be altered and reformed by the legislation every 5 years or even prior to as mentioned in The Final regulation. We are committed to keeping you informed about the changes and guide you through the application process.

Latest Update – As declared by United States Citizenship & Immigration Services on July 24, 2019, the anticipated final rule has taken effect on Thursday, November 21, 2019. The minimum EB-5 investment amount has increased from US$500,000 to US$900,000 plus the processing overhead cost, legal and filing fees for the project which is located in a TEA. For the project not located in a TEA, the amount has increased from US$1 million to US$1.8 million plus the processing overhead cost, legal and filing fees.

United States authorities have announced the increased value of EB-5 investments to $900,000 and $1.8 million from November 21, 2019. The Final Rule published on July 24, 2019 cites a significant increment in EB-5 investment value. The Federal Register is set to renew EB-5 regulations. Targeted Employment Areas (TEA) will now be certified by Department of Homeland Security (DHS) including the procedure for removing conditions on permanent residency. This is the first alteration made in the program’s rules since 1993.

Following are the revised and added regulations investors must take note of before investing in an EB-5 project:

The Increased Investment Amounts

Investment amounts for EB-5 investors in TEAs have been increased from $500,000 to $900,000 plus the processing overhead cost, legal and filing fees. For the non-TEA areas, the amount has increased from $1 million to $1.8 million plus the processing overhead cost, legal and filing fees. These amounts are said to be comparatively lower than the first proposed regulation.

TEA Designation Reforms

Now onward, TEAs will be assessed and designated by the Department of Homeland Security based on a geographical and economic evaluation. This is to avoid gerrymandering or manipulating the boundaries of an electoral constituency. The Final Rule states that the state will be replaced by DHS based on the revised requirements. TEA designations will thus be done fairly this way and cater to the areas in the most need of investment.

Increase in Investment Amounts Every 5 Years

Investment amounts will be raised or adjusted every 5 years considering economic aspects like inflation. This way, the stakeholders can predict the economic fluctuations and tailor business plans accordingly without having to approach DHS for determination.

Clarification of USCIS procedures for the removal of conditions on permanent residence

The revised regulations state that certain derivative family members are required to file removal of conditions on their permanent residence. This will not be applicable for the members mentioned in the principal investor’s petition to remove conditions. The rule provides more flexibility for interview locations and adopting current USCIS procedures for issuing Green Cards.

Retention of Previous Priority Dates

Those who have a previously approved EB-5 immigrant petition are allowed to retain the date of their previously approved petition when they are required to file a new petition. Note that this is subject to certain expectations.

The Final Rule will be effective after 120 days from the date of its publication in Federal Register. Investors can make use of this opportunity to invest under current regulations as they will benefit monetarily. The investors who will file I-526 petition before or on the effective date will be exempted under the current rules including the investment amounts of $500,000 and $1 million.

The original announcement of the final rule was published on USCIS website.

Available EB-5 Investment Project

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Important Links for EB-5 Visa Program

What is EB-5 Visa?
Who is it EB-5 Visa for?
Advantages of EB-5 Visa
EB-5 Visa Eligibility and Requirements

Latest Update – As declared by United States Citizenship & Immigration Services on July 24, 2019, the anticipated final rule has taken effect on Thursday, November 21, 2019. The minimum EB-5 investment amount has increased from US$500,000 to US$900,000 plus the processing overhead cost, legal and filing fees for the project which is located in a TEA. For the project not located in a TEA, the amount has increased from US$1 million to US$1.8 million plus the processing overhead cost, legal and filing fees.

Immigration reform has bought some more time for EB-5 visa applicants. This year the Congress has extended the EB-5 Regional Center Program once again. The extension took place several times in 2017 and 2018. At first the program was only extended for the time being in 2019 February 15th. Now the EB-5 has been reauthorized through September 30th, 2019. Thus, the rules and regulations will remain unchanged through September 30th, 2019.

This is advantageous for the investors who wish to file their EB-5 application with current EB-5 requirements. In this extension period, the EB-5 program requires the applicants to have a minimum amount of capital of USD$500,000 to invest in targeted employment areas. An investment in non-targeted employment areas requires USA$1 million. After this extension the amount can increase to $1.35 million for employment areas and $1.8 million for non-employment areas.

Available EB-5 Project

Courtyard by Marriott Deland Historic Downtown

Important Links for EB-5 Visa Program

What is EB-5 Visa?
Who is it EB-5 Visa for?
Advantages of EB-5 Visa
EB-5 Visa Eligibility and Requirements

Latest Update – As declared by United States Citizenship & Immigration Services on July 24, 2019, the anticipated final rule has taken effect on Thursday, November 21, 2019. The minimum EB-5 investment amount has increased from US$500,000 to US$900,000 plus the processing overhead cost, legal and filing fees for the project which is located in a TEA. For the project not located in a TEA, the amount has increased from US$1 million to US$1.8 million plus the processing overhead cost, legal and filing fees.

View Available EB-5 Investment Opportunities – https://www.eb5visa.com/project-type/hotels/

The EB-5 Regional Center Program has been extended to December 7, 2018, with the minimum required investment amount remaining at $500,000. The EB5 program was set to expire at the end of September, 2018 but it will now run through the December month of this year without any changes.

The program will help aspiring foreign investors and their families to benefit from this brief extension to immigrate to the United States of America to live, study or work in the land of freedom and dreams.

Available EB-5 Project

Important Links for EB-5 Visa Program

What is EB-5 Visa?
Who is it EB-5 Visa for?
Advantages of EB-5 Visa
EB-5 Visa Eligibility and Requirements

Latest Update – As declared by United States Citizenship & Immigration Services on July 24, 2019, the anticipated final rule has taken effect on Thursday, November 21, 2019. The minimum EB-5 investment amount has increased from US$500,000 to US$900,000 plus the processing overhead cost, legal and filing fees for the project which is located in a TEA. For the project not located in a TEA, the amount has increased from US$1 million to US$1.8 million plus the processing overhead cost, legal and filing fees.

The EB-5 Visa regional center program, which was extended until March 23, 2018, has got another six months extension and approved up until September 30, 2018. The program is expected to continue with $500,000.00 minimum investment allowing foreign investors to obtain a green card by creating jobs for US citizens.

It looks this six month extension will save the popularity of the program especially for investors from India. The program also has become very popular among immigrant investors from Vietnam as per data of 2017.

Available EB-5 Project

Important Links for EB-5 Visa Program

What is EB-5 Visa?
Who is it EB-5 Visa for?
Advantages of EB-5 Visa
EB-5 Visa Eligibility and Requirements