DHS Proposes Significant Increase to the EB-5 investment amount!
WASHINGTON, D.C. - Today, January 13, 2017, the Department of Homeland Security (DHS) published a proposed rule to amend its regulations governing the employment-based, fifth preference (EB-5) immigrant investor classification and associated regional centers to reflect statutory changes and modernize the EB-5 program. DHS will accept written comments on the proposed rule on or before April 11, 2017.
DHS is proposing to increase the minimum investment amounts for all new EB-5 petitioners. Specifically, it proposes to initially increase the standard minimum investment amount, which also applies to high employment areas, from $1 million to $1.8 million.
For those investors seeking to invest in a new commercial enterprise that will be principally doing business in a targeted employment area (TEA), DHS proposes to increase the minimum investment amount from $500,000 to $1.35 million, which is 75 percent of the proposed standard minimum investment amount.
In addition, DHS is proposing to conform adjustments to the TEA minimum investment amount, every 5 years, beginning 5 years from the effective date of these regulations.
If you wish to invest in the United States through the EB-5 Program on current rates ($500,000 in TEA and $1 million in non-TEA), contact us today!