Have there been any updates on the status of the EB5 program? Is it still possible to qualify for EB5 based on an investment of $500,000, or has the investment requirement changed?09 Dec 2021
No, there have not been any recent changes. For now, we are still waiting to see what Congress will do regarding reauthorization of the EB5 regional center program. Congress passed a continuing resolution to keep the government funded through February 18, 2022. The hope is that Congress passes an appropriation bill by the 18.Feb.2022 deadline, and includes regional center reauthorization in that bill.
Note that, although the regional center program is on hold, the EB5 program for direct investments is still available. The minimum investment requirements for those cases remains set at $1 million, or $500,000 if the investment is made in a targeted employment area (i.e., a rural area or area of high unemployment). It is possible that this amount could be raised, either by Congress or through the USCIS. But, for now, the $500,000 investment option remains available. (09.Dec.2021)
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