Possible Changes Coming to EB5 Program

On January 13, 2017, the Department of Homeland Security (DHS) published a Notice of Proposed Rulemaking titled “EB-5 Immigrant Investor Program Modernization” in the Federal Register (FR) at 82 FR 4738 [PDF version]. The rule had been open for public comment until April 11, 2017.

The Notice of Proposed Rulemaking includes many proposed changes to the EB5 immigrant investor program, including, but not limited to:

Priority date retention;
Increasing the minimum investment amount; and
Designating targeted employment areas.

We can expect further news from the DHS on this issue, including the possible publication of a final rule, in the near future. For the time being, please read the full analysis we wrote on the contents of the Notice of Proposed Rulemaking to learn about the changes that may be in store for the EB5 immigrant investor program [see article].