Legislation has been proposed to postpone the proposed EB5 investment increase until December 11, 2015.  That is, the current USD $500,000 investment level would remain in effect for all applications filed with the United States Citizenship and Immigration Services (USCIS) before December 11, 2015.  After that time, investment levels would increase from USD $500,000 to USD $800,000 in Targeted Employment Areas (TEA), and from USD $1M to $1.2M in non-TEAs.

To lock-in cases under the existing pricing and program, it is highly recommended that you submit any pending EB5 cases to Confederation right away, work with our team to complete the documentation requirements quickly, and encourage your clients to transfer their funds as soon as possible, so that their applications may be sent to USCIS prior to December 11, 2015.  It is possible that some small changes to the source of funds requirement will also occur in December, and we will keep you apprised as further details become available.

Under EB5, there is no language requirement, no age limit, and no management experience requirement.  Applicants must have a net worth of minimum USD $1 million and be able to document the source and path of funds for the investment and fees.  There is no longer an Office of Foreign Assets Control (OFAC) requirement for Iranians, and refused Quebec and Canadian investor cases are welcome to apply to EB5.

Please Contact Us for more information on this program.