Happy Chinese New Year 2020.
USCIS published a final rule on July 24, 2019 that makes a number of significant changes to the EB-5 Immigrant Investor Program. It’s the first significant revision of the program’s regulations since 1993. The final rule will become effective on Nov. 21, 2019.
Tomorrow, Wednesday, July 24th, the final EB-5 program regulations are scheduled for publication in the Federal Register. The new rule goes into effect November 21, 2019. Investment amounts increase from $500,000 and $1,000,000 to $900,000 and $1,800,000 respectively.
The USCIS published proposed rule changes for the first time in the Federal Register. This was back in January of 2017. Final regulations passed June 27, 2019. They have been released to USCIS for final publication, the last step before these new regulations become governing law.