Dear Friends,

As expected, the Department of Homeland Security this morning published a new EB-5 regulation known as a “final rule.” (Click here to see the regulation: https://ebeanonews..com/2019/11/eb-5-minimum-investment-amount-has.html) While we are still reviewing the contents, here are some key changes:

1. Increasing investment amounts – $900,000 for Targeted Employment Area (TEA) / $1.8MM for non-TEA:

The final rule keeps the 50% minimum investment differential between a TEA and a non-TEA and provides that the minimum investment amounts will automatically adjust for inflation every five years.
2. Revising the standards for certain TEA designations:

The final rule addresses gerrymandering — deliberately manipulating the boundaries of an electoral constituency to link a prosperous project location to a distressed community to obtain the qualifying average unemployment rate.
3. Clarifying USCIS procedures for removing conditions on permanent residence:

The final rule makes clear that certain family members who are lawful permanent residents must independently file to remove conditions on their permanent residence. The requirement would not apply to those family members who were included in a principal investor’s petition to remove conditions.
4. Allowing EB-5 petitioners to keep their priority date:

The final rule offers greater flexibility to immigrant investors who have a previously approved EB-5 immigrant petition. When they need to file a new EB-5 petition they now will be able to retain the priority date of the previously approved petition, subject to certain expectations.
This new rule will go into effect November 21, 2019. You have approximately 120 days to get in at the $500,000 level. This will be the new standard for the EB-5 program going forward barring legislative action. Based on our conversations with our advocates and allies in Washington, D.C., we expected this to become regulatory policy and prepared ourselves for such. For prospective investors weighing an EB-5 investment under current rules, you have a limited window in which to act.

Please don’t hesitate to reach out to us if you need further clarification on how this might affect you.

Thank you,

Daniel J. Healy

CEO, Civitas Capital Group



*The U.S. government’s EB-5 Immigrant Investor Program provides foreign nationals with an opportunity to obtain U.S. permanent residency (a “green card”) for themselves and their immediate family members for investing in American businesses that create new jobs. The “at risk” investment must lead to the creation of at least 10 American jobs per investor. In return, the investor, his or her spouse, and any unmarried children under 21 may become eligible to receive permanent U.S. green cards, allowing them to live and work anywhere in the United States.


https://www.federalregister.gov/documents/2019/07/24/2019-15000/eb-5-immigrant-investor-program-modernization

https://ebeanonews..com/2019/11/eb-5-minimum-investment-amount-has.html

chibaby1985:




Dear Friends,

As expected, the Department of Homeland Security this morning published a new EB-5 regulation known as a “final rule.” (Click here to see the regulation: https://ebeanonews..com/2019/11/eb-5-minimum-investment-amount-has.html) While we are still reviewing the contents, here are some key changes:

1. Increasing investment amounts – $900,000 for Targeted Employment Area (TEA) / $1.8MM for non-TEA:

The final rule keeps the 50% minimum investment differential between a TEA and a non-TEA and provides that the minimum investment amounts will automatically adjust for inflation every five years.
2. Revising the standards for certain TEA designations:

The final rule addresses gerrymandering — deliberately manipulating the boundaries of an electoral constituency to link a prosperous project location to a distressed community to obtain the qualifying average unemployment rate.
3. Clarifying USCIS procedures for removing conditions on permanent residence:

The final rule makes clear that certain family members who are lawful permanent residents must independently file to remove conditions on their permanent residence. The requirement would not apply to those family members who were included in a principal investor’s petition to remove conditions.
4. Allowing EB-5 petitioners to keep their priority date:

The final rule offers greater flexibility to immigrant investors who have a previously approved EB-5 immigrant petition. When they need to file a new EB-5 petition they now will be able to retain the priority date of the previously approved petition, subject to certain expectations.
This new rule will go into effect November 21, 2019. You have approximately 120 days to get in at the $500,000 level. This will be the new standard for the EB-5 program going forward barring legislative action. Based on our conversations with our advocates and allies in Washington, D.C., we expected this to become regulatory policy and prepared ourselves for such. For prospective investors weighing an EB-5 investment under current rules, you have a limited window in which to act.

Please don’t hesitate to reach out to us if you need further clarification on how this might affect you.

Thank you,

Daniel J. Healy

CEO, Civitas Capital Group



*The U.S. government’s EB-5 Immigrant Investor Program provides foreign nationals with an opportunity to obtain U.S. permanent residency (a “green card”) for themselves and their immediate family members for investing in American businesses that create new jobs. The “at risk” investment must lead to the creation of at least 10 American jobs per investor. In return, the investor, his or her spouse, and any unmarried children under 21 may become eligible to receive permanent U.S. green cards, allowing them to live and work anywhere in the United States.


https://www.federalregister.gov/documents/2019/07/24/2019-15000/eb-5-immigrant-investor-program-modernization

https://ebeanonews..com/2019/11/eb-5-minimum-investment-amount-has.html

This means that with about $1m investment in the U.S you can be offered a GREEN CARD with your family