Main Menu
PDF

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. 

You May Also Be Interested In

Related Practices

Join our email list to receive legal advisories, informative newsletters and event invites based on topics relevant to you.
Subscribe to Updates
Back to Page
{ footer Image }