123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Legal >> View Article

Do You Want To Become An Immigrant Investor In The Us?

Profile Picture
By Author: Bonita Cho
Total Articles: 13
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

What Is the EB-5 Immigration Investor Program?
The EB-5 program allows individuals to apply for conditional lawful permanent residence within the United States if they make a qualifying investment in a U.S. commercial enterprise and either preserve or create 10 permanent full-time jobs for U.S. workers who are also qualified.

As of November, USCIS made changes to this program, including:

Increased Minimum Investment Amounts
The USCIS’s final rule for the EB-5 program raised the standard minimum investment level from $1 million to $1.8 million to account for inflation, which is the first time it’s seen an increase since 1990. This rule also maintains a 50% minimum investment differential between a targeted employment area (TEA) and non-TEA, increasing the TEA amount from $500,000 to $900,000. Subsequently, the minimum investment amount will further adjust for inflation once every five years.

TEA Designation Reform
The final rule also outlined certain changes to the EB-5 to cover the gerrymandering of areas with high unemployment, i.e. manipulating electoral constituency boundaries. Historically, gerrymandering of these areas was achieved by merging a number of census tracts in the attempt to link prosperous project locations to less prosperous communities in order to achieve the qualifying average unemployment rate. The rule would ensure that the Department of Human Services (DHS) would directly make TEA designations to help maintain fairness and consistency.

Detailed Procedures for Removing Permanent Residence Conditions
The final rule also revised regulations to clarify that derivative family members who are also lawful permanent residents are required to independently file to remove permanent residence conditions. This requirement isn’t applicable to family members who appear in a principal investor’s petition for the removal of conditions.

Enabling Petitioners to Maintain the Priority Date
The final rule grants more flexibility for immigrant investors with an EB-5 immigrant petition that’s already been approved. When filing a new petition, these individuals will now be able to keep the priority date of the previous petition with a few exceptions.

Individuals interested in becoming immigrant investors in the U.S. can visit the USCIS website to learn more about the changes that the new EB-5 final rule will bring.

Total Views: 32Word Count: 342See All articles From Author

Add Comment

Legal Articles

1. Points To Consider With Diligence To Reach The Best Divorce Lawyer
Author: Marcus McGowan

2. Types Of Sports-related Injuries
Author: Hendy Johnson

3. The Roles And Responsibilities Of A Probate Executor
Author: T. Owen Rassman

4. Bankruptcy Lawyers– Important Questions To Ask While Hiring
Author: Marcus McGowan

5. Benjamin Leonardo – The Drug Driving Lawyers Sydney
Author: RGC

6. Steps For Startup Off The Ground
Author: mitlesh

7. Circumstances Under Which You Need A Professional Child Custody Attorney
Author: JOS Family Law

8. Professional Help With Do It Yourself Divorces Documentation
Author: CSR Disability

9. How To Use Trust Attorney Effectively When Estate Planning?
Author: smith clea

10. How To Find A Good Trust Attorney Creating Living Trust?
Author: smith clea

11. How To Find The Best Free Authority Sources On Revocable Vs Irrevocable Trust.
Author: smith clea

12. How To Filter And Find Online Information About Will Vs Trust Issues
Author: smith clea

13. How To Find Information On Will Vs Trust Issues Online
Author: smith clea

14. Will Vs Trust- Why The Right Choice Is So Important?
Author: smith clea

15. Why Anti-doping India Is Important?
Author: Krida Legal

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: