Updates for EB-5 Immigrant Investor Program you need to know
1. Priority date retention
Certain immigrant investors will keep the priority date of a previously approved EB-5 petition when they file a new petition.
2. Increased minimum investments
3. Targeted employment area (TEA) designations
EB5 Visa Overview
- The EB-5 Immigrant Investor Program, created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors.
- Under a program first enacted as a pilot in 1992 and regularly reauthorized since then, investors may also qualify for EB-5 classification by investing through regional centers designated by USCIS based on proposals for promoting economic growth.