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.…

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USCIS 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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