Legislation has been proposed which would see EB5 investment amounts increase in September 30, 2015. Under the new legislation, investment levels would increase from $500,000 to $800,000 in Targeted Employment Areas (TEAs), and from $1M to $1.2M in non-TEAs. This legislation is expected to be approved and come into effect on September 30, 2015.
The new pricing will apply to all I-526 applications filed with USCIS after September 30, 2015. To lock-in cases under the existing pricing and program, it is highly recommended that you submit your EB5 case right away, work with our team to complete the documentation requirements quickly, and transfer your funds as soon as possible, so that your application may be sent to USCIS prior to September 15, 2015. It is possible that some small changes to the source of funds requirement will also occur in September, 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 $1 million USD, and be able to document the source and path of funds for the investment and fees. There is no longer an Origin of Funds requirement for Iranians, and refused Quebec and Canadian investor cases are welcome to apply to EB5.
Please Contact Us for more information.