EB-5 Visa Investment Amount Rumored to Increase
Now more than ever, prospective immigrant investors looking to obtain a green card through the EB-5 Visa Program should speak to an experienced EB-5 attorney.
The current EB-5 Visa Program allows a foreign national to obtain a U.S. green card through a $1,000,000 investment into a US business. The EB-5 investment must create 10 full-time jobs for qualified citizens and residents. An EB-5 investor can also choose a reduced investment of $500,000 in a Regional Center project, or a direct EB-5 project located in a TEA. Both options allow the investor to procure a green card.
In approximately 4 months, the EB-5 Regional Center Program ($500,000 EB-5 investment), is due to end. While it’s more than likely Congress will renew the program, there is serious discussion that the US Congress will increase the investment amount.
DC politicians have discussed plans to increase the TEA / Regional Center investment amount to $800,000. This nearly doubles the current TEA investment amount of only a half-a-million.
Presidential hopeful, Jeb Bush, has even called for the dismantling of the Regional Center / TEA EB-5 option all together. If that were to happen, all investors would need to make a direct $1,000,000 EB-5 investment to qualify for the program.
While increasing the investment amount to $800,000 isn’t set-in-stone at this point, there is strong support among members of congress to raise the EB-5 investment to at least $800,000.
Potential immigrant investors should contact our office to get started on their EB-5 investment today – before any increase in investment amount. Though the EB-5 visa is here to stay, the reduced investment has an uncertain future.