New EB-5 Regulations Coming Soon

January 9, 2017 in EB-5 News, EB-5 Visa, 未分类 by Richard Sander 理查德·桑德

Last month, the Obama Administration directed the Office of Management & Budget to implement new regulations for the EB-5 program. These regulations are likely to go into effect by the end of the first quarter 2017, so investors are urged to file their EB-5 applications soon in order for the old rules to apply.

The likely changes include:

1. TEA eligibility. Which projects and locations will be eligible for the reduced investment minimum may change dramatically.

2. Investment minimums. The minimum investment amount is likely to increase from $500,000 to $800,000 in TEA locations, and from $1,000,000 to $1,200,000 elsewhere. But the big question is whether this change will take effect immediately or over time.

3. Clarification to Priority Dates. If an immigrant investor is forced to refile their application because of project changes, failures or other circumstances beyond their control, they go to the back of the line (which is getting longer by the day). We expect the new regulations to enable investors to retain their place in line under these circumstances.