The Department of Homeland Security (DHS) haspublished the final rules modifying the US EB-5 visa program.
The initial Notice of Proposed Rulemaking (NPRM) was first published in the Federal Register on January 13, 2017.
The changes will take effect from November 21, 2019, and will see the most important changes to the EB-5 visa program in nearly 30 years. These changes include an increase in minimum investment, centralized designation of Targeted Employment Areas (TEA), and retention of earliest priority date for an EB-5 applicant compelled to file multiple I-526 petitions.
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The content of this article reflects the personal insight of Attorney Colin Singer and needs no disclaimer.