The United States Citizenship and Immigration Services (USCIS) is suggesting changes to the EB-5 Immigrant Investor Program which allows individuals to be eligible to apply for lawful permanent residence in the United States if they make the necessary investments in a commercial enterprise in the United States and create 10 permanent full-time jobs for qualified U.S. workers.
USCIS proposes to:
1) Increase the minimum investment amounts for standard EB-5 petitioners from $1 million to $1.8 million.
2) Increase the minimum investment amounts for EB-5 petitioners in a Targeted Employment Area (TEA) from $500,000 to $1.35 million.
3) Reform the adjudication of TEA designations to DHS/USCIS directly, as opposed to states making this decision.
Please see here for further information on the proposed changes or contact BridgehouseLaw for advice on investment-based immigration.
USCIS proposes to:
1) Increase the minimum investment amounts for standard EB-5 petitioners from $1 million to $1.8 million.
2) Increase the minimum investment amounts for EB-5 petitioners in a Targeted Employment Area (TEA) from $500,000 to $1.35 million.
3) Reform the adjudication of TEA designations to DHS/USCIS directly, as opposed to states making this decision.
Please see here for further information on the proposed changes or contact BridgehouseLaw for advice on investment-based immigration.
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