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USCIS Publishes Final Regulation Making Significant Changes to the EB-5 Immigrant Investor Program

On July 24, 2019, U.S. Citizenship and Immigration Services (USCIS) published a final rule in the Federal Register making significant changes to the EB-5 Immigrant Investor Program. The final rule is scheduled to take effect on November 21, 2019.
This final rule makes the following major revisions to the EB-5 program:
Increases the required minimum investment amounts;
Revises the standards for certain targeted employment area (TEA) designations;
Grants DHS authority to designate high unemployment TEAs;
Clarifies USCIS procedures for the removal of conditions on permanent residence; and
Provides priority date retention to certain EB-5 investors.

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