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On November 21, President Trump averted a government shutdown and signed a short-term continuing resolution to fund the government through December 20, 2019 and extend the EB-5 Regional Center Program. Interested investors can continue to file their EB-5 petitions for the next month, but they should be aware of the program changes that have just gone into effect.
A new EB-5 Modernization Regulation kicked into effect on November 21, 2019, and it has nearly doubled the minimum investment amounts the program requires.
New Amounts
Targeted Employment Area Investments: $900,000 (formerly $500,000).
Non-Targeted Employment Area Investments: $1.8 million (formerly $1 million).
Still a good deal?
Compared to other countries’ investor visa programs the EB-5 Program, even with its newly increased minimum investment amounts, is still at a competitive edge. See the comparison here.
What is the EB-5 Program?
The EB-5 Program was created by Congress in 1990 to stimulate the U.S. economy through capital investment and job creation. Eligible foreign nationals can apply for U.S. green cards in exchange for investing a minimum of $900,000 into a job-creating new commercial enterprise.
Learn more about the benefits of having a U.S. green card.
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