When The EB-5 Regional Center Program Resumes, We Will Be Ready
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Take Advantage of Reduction in US EB-5 Investor Programme
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Step Global among few Dubai-based consultants to offer EB-5 application services Image Credit: Supplied
The United States EB-5 Immigrant Investor Program is yet again making headlines, thanks to the remarkable judgement passed by the U.S. District Court of the Northern District of California on June 22nd 2021, in the case of Behring Regional Center LLC V. Chad Wolf, et al.
In November 2019, EB-5 Modernization Regulations were implemented to raise the minimum investment amount requirement under the USCIS EB-5 program from $500,000 USD to $900,000 USD and revise the Targeted Employment Area (T.E.A) eligibility standards to suit the modern requirements. In this context, the court has ordered to reinstate the minimum investment amount requirement back to $500,000 USD for T.E.A specific projects from the current $900,000 USD and T.E.A eligibility standards, same as before November 21st 2019.
Congress Yet to Reauthorize EB-5 Investor Visa Regional Program
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