On Wednesday, May 9, 2018, the Office of Management and Budget via the Office of Information and Regulatory Affairs published the Spring Unified Agenda of Regulatory and Deregulatory Actions . This publication informs the public of planned regulations under consideration by federal agencies. The purpose of such publications are for transparency in the rulemaking process.
Specific to EB-5, USCIS indicates final action on the proposed EB-5 Immigrant Investor Program Modernization rule in August 2018. USCIS posted final action of the EB-5 Immigrant Investor Regional Center Program in March of 2019. The final action on the proposed EB-5 Immigrant Investor Program Modernization would increase the minimum investment amount from $500,000 USD for TEA qualified businesses to a minimum investment amount of $1.35 million USD.
This change has significant implications for the EB-5 immigration program and industry as a whole.
