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ARTICLE · 31 JULY 2019

Major Changes To EB-5 Program: Increased Investment Amount Starting Nov 21

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USCIS published a final rule on July 24 where a number of significant changes to its EB-5 Immigrant Investor Program are made, marking the first significant revision of the program's regulations since 1993.

United StatesImmigration
Reaz Jafri
Reaz Jafri
Theda Fisher
Theda Fisher
Mark Lanning
Mark Lanning
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US Citizenship and Immigration Services ("USCIS") published a final rule on July 24 where a number of significant changes to its EB-5 Immigrant Investor Program are made, marking the first significant revision of the program's regulations since 1993. The final rule will come into effect on November 21, 2019.

Under the EB-5 program, foreign individuals are eligible to apply for permanent residence in the United States if they make investments in a commercial enterprise in the United States, as well as engage in the management of the new enterprise by creating ten full-time jobs for US citizens or permanent residents.

Key changes to the EB-5 program include:

  • Raising minimum investment amounts: After November 21, 2019, the minimum EB-5 investment in a targeted employment area ("TEA") will increase from US$500,000 to US$900,000 for immigrant investors to become lawful permanent residents. For non-TEA, the standard minimum investment level will increase from US$1

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