$500,000 EB-5 Regional Center Statute Extended to September 30, 2018

We have just received confirmation that the current EB-5 regional center statute will be extended through September 30, 2018. This extension will be included in the funding bill expected to be passed on March 23^rd.

This is good news for potential EB-5 investors as it means that the minimum investment in a targeted employment area (TEA) will remain $900,000, rather than increasing to $925,000 or more.

We are still waiting to see whether US Citizenship and Immigration Services (USCIS) will issue any new regulations to raise the minimum investment amount to over $1,000,000. USCIS has already published new regulations as of January 2017, so they do have the authority to enact new regulations at any time.

Our advice is that potential EB-5 visa seekers file their I-526 petitions as soon as possible to ensure that they get in with the $900,000 investment amount.

If you would like to learn more about this process, please reach out to EB-5 attorney Mark Ivener.