Time To Update Your Investor Visa Slides

It’s time to update your investor visa slides and/or class notes. Today, DHS issued a final rule: EB-5 Immigrant Investor Program Modernization. It goes into effect November 21, 2019.

What’s new?

Investment minimums are increasing. For “targeted employment area” (TEA) investments, the minimum required is rising from $500K to $900K. For all other investments, the minimum required is rising from $1 million to $1.8 million.

TEA designations now controlled by DHS. “the final rule eliminates the ability of a state to designate certain geographic and political subdivisions as high unemployment areas; instead, DHS will make such designations directly, using standards described in more detail elsewhere in this final rule.”

-KitJ