Deadline is Approaching for the EB-5 program!
The EB-5 Regional Center Program is set to expire on December 8, 2017. As stated before, the DHS is proposing to increase the minimum investment amounts for all new EB-5 petitioners. Specifically, the standard minimum investment amount, which also applies to high employment areas, may be increased 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.
We therefore strongly encourage our clients and friends to submit their EB-5 petitions before the expiration deadline! Please contact our attorneys as soon as possible for further information!