New Changes to EB-5
New Rule for EB-5 Classification According to a recent rule published by Department of Homeland Security, there will be several updates to the EB-5 Employment based Immigrant Investor classification in order to modernize the program. The final rule is going to be effective as of November 21, 2019. The main changes are to the minimum investment amounts for both Targeted Employment Area (TEA) and non-Targeted Employment Area (non-TEA) minimum initial investment amounts: - For TEAs, there will be a change from $500,000 to $900,000. - For non-TEA, there will be a change from $1,000,000 to $1,800,000. This update on the minimum investment...
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