Congress reauthorized the EB5 program yesterday. The regional center program is now reauthorized until September 30th 2027.
Pending investor immigrant petitions will not be subject to the new rules or higher investment amounts and adjudication of these petitions and adjustment of status applications, and consular processing will resume upon enactment of the bill.
The new amounts of investments are
- $800,000 for targeted employment areas
- 1,050,000 for all other areas.
- On January 2027, the amounts will be adjusted for inflation.
- A total of 30% of the visas are reserved for TEA investment: 20% for rural areas (both Grassley and Leahy represent states with significant rural portions) and 10% for high-unemployment areas. Another 2% is allotted for infrastructure project investments.Any unused visas in a given year carry over to the same category in the following year. Any remaining unused visas from that year go into the general pool two years after.
There are other changes too. We will list those in another post in the near future. In the meantime, here’s are article from GlobeSt that will have more information. Congress Reauthorizes EB-5 Program in Omnibus Spending Bill | GlobeSt
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