Rise in EB-5 Investment Amounts Expected Soon

On Friday, February 22, the USCIS formally completed its revisions to its proposed rule that will raise the EB-5 minimum investment amount to $1.35 million by sending its draft of the Final Rule to the Office of Management and Budget (OMB). This change does not require Congressional approval. There is a widespread consensus in the EB-5 industry now that the final rule will be announced within the next two to three months. Typically, newly-announced rules go into effect 30 to 60 days after announcement.

 

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