24/07/2019
DID YOU KNOW? | Minimum Investments are going up, Targeted Employment Area Designations being redefined.
announced new developments under the final rule to include:
• Raising the minimum investment amounts $900,000 TEA; $ 1,800,000 non-TEA
• Revising the standards for certain TEA designations
• Giving the agency responsibility for directly managing TEA designations
• Clarifying USCIS procedures for the removal of conditions on permanent residence
• Allowing EB-5 petitioners to retain their priority date under certain circumstances
The EB5 industry’s foremost advocate, (Invest in the USA), in a note to its members, said that IIUSA will be monitoring the regulation’s final steps and fully evaluating the text. They wanted to make sure that the members keep in mind that given the 120-day window before the regulations are effective, the current program may be reauthorized with new and positive reforms making the new regulations moot vis-à-vis a (new) reauthorization statute.
If you want to get more information about EB-5, please do not hesitate to email [email protected] or visit our website: http://www.eb5visa.com.ph/
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