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Increased Investment Required for EB-5 Program Effective November 21, 2019

July 25, 2019
Immigration Advisory

U.S. Citizenship and Immigration Services (USCIS) announced significant changes to the EB-5 Immigrant Investor Program that provides permanent residence status with investment in a U.S. commercial enterprise that creates or, in certain circumstances, preserves 10 full time U.S. jobs. Applications submitted prior to the November 21, 2019 effective date will be processed under current EB-5 regulations. EB-5 changes effective on November 21, 2019 include:

  • Increased minimum investment amounts:
    • Standard investment increase from $1 million to $1.8 million
    • Targeted Employment Area investment increase from $500,000 to $900,000
  • Revised standards for Targeted Employment Area designations
  • Department of Homeland Security (DHS) authority to designate high unemployment Targeted Employment Areas
  • Priority date retention allowing use of earliest EB-5 qualifying priority date

Please contact your Varnum immigration attorney if you have any questions about the EB-5 Immigrant Investor Program and would like to file prior to the increased investment requirements. 

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