EB5 BRICS Comments on Congress Passing EB-5 Reauthorization Bill at Investment Amount of $800K LOS ANGELES, March 11, 2022 /PRNewswire/ — After months of debate and uncertainty, the U.S. Congress has passed the “EB-5 Reform and Integrity Act of 2022” as part of the overall U.S. Omnibus Spending Bill. The EB-5 Reauthorizationextends the EB-5 Regional Center program through September 30, 2027, with significant changes that will impact existing and future investors.…
Read MoreThe draft of the Grassley and Leahy bill proposes to extend the EB-5 Regional Center Program through September 2024.
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Read MoreUSCIS appeals decision re: Modernization Rule
At the last moment, the U.S. Citizenship and Immigration Service (USCIS) filed an appeal against the decision in the Behring Regional Center lawsuit dealing with the U.S. EB-5 investor immigration program. The appeal deals with a preliminary injunction obtained by the Behring Regional Center against the Department of Homeland Security’s EB-5 Modernization Rule that went into effect on November 21, 2019. The EB-5 Modernization Rule increased the minimum investment requirement for EB-5 projects from $500,000 to $900,000 if the…
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