Attorney Williams writes OpED on EB-5 Program, which was published by the Hill
March 7, 2019
Simone Williams moderated an International Trade and Business panel in Dakar, Senegal
July 4, 2018
Simone to appear on RealTalk with Dr. David Anderson on May 28th!
May 13, 2019
63 Days Left until EB-5 Final Rule is Effective!
Raises Minimum Investment Amount to $900,000!
September 18, 2019
USCIS will publish its final rule on November 21, 2019, which will significantly revise the EB-5 Immigrant Investor Program. Major changes to EB-5 in the final rule include raising the standard minimum investment level from $500,000 to $900,000 in TEA areas and from $1 million to $1.8 million in non-TEA areas.
Other developments under the final rule include:
Raising the minimum investment amounts;
Revising the standards for certain targeted employment area (TEA) designations;
Giving the agency responsibility for directly managing TEA designations;
Clarifying USCIS procedures for the removal of conditions on permanent residence; and
Allowing EB-5 petitioners to retain their priority date under certain circumstances.
Under the EB-5 program, individuals are eligible to apply for conditional lawful permanent residence in the United States if they make the necessary investment in a commercial enterprise in the United States and create or, in certain circumstances, preserve 10 permanent full-time jobs for qualified U.S. workers.
As this rule will go into effect on November 21st, those interested in taking advantage of the EB-5 Program, at its current rate and procedures, must file before this date!We know we have been reporting this for a while, but this is a done deal! If interested, please contact Williams Global Law as soon as possible.