[Breaking] Price Hike in One Step! New Congressional EB-5 Draft Released

Major news for U.S. investment immigration: Recently, the U.S. Congress has introduced a new EB-5 draft. This draft, which further revises the HR5992 proposal from December 2, 2016, has once again ignited rumors of an EB-5 price hike. Worldway Immigration now provides a brief analysis of the core issues in this latest EB-5 draft that directly affect investors:

1. Extension: 5 years, until September 30, 2022;

[Worldway Interpretation]

Based on numerous proposals over the past two years, an extension is an inevitable trend for EB-5 reform. Although there is still a possibility of a suspension or a short-term extension, an extension is the mainstream consensus, with the ultimate goal being long-term or permanent status.

2. Price Hike: For TEA projects, infrastructure projects, and manufacturing projects, the minimum investment amount will be increased in one step to $800,000, while other projects will increase to $1 million.

[Worldway Interpretation]

The increase in the minimum investment amount is already one of the basic consensuses reached by Congress, meaning that an EB-5 reform price hike is inevitable! The era of immigrating to the U.S. with a $500,000 investment may soon be gone forever.

This price hike is a direct, one-step increase, leaving investors with very little time to hesitate. Therefore, investors must seize the current favorable conditions to complete their investments; do not wait until after the price hike and regret it later!

3. Effective Date: Investment funds are effective immediately, with no retroactivity. Provisions regarding source of funds/investor protection will take effect within 90 days, and TEA designations may be extended by 120 days.

4. Investor Protection:

First, investors may reinvest in a new Regional Center, new commercial enterprise, or job-creating entity within 180 days of the closure of their original entity, while retaining their original priority date;

Second, it requires Regional Centers to strengthen the supervision and use of EB-5 funds;

Third, protection for accompanying children: If the conditional green card status is terminated, the child can maintain their age under 21 if they re-file within one year.

5. Minimum Application Age:

Requires a minimum age of 18 for EB-5 applicants.

[Worldway Interpretation]

Future EB-5 investments will become increasingly strict with higher thresholds. Currently, the wisest course of action for investors is to apply, invest, submit, and transfer funds as early as possible, successfully completing the investment before the new bill takes effect to avoid various future risks and complications.

[Worldway Summary]

According to the latest news from Worldway Immigration Group's partners and old friends at the GT Law Firm, EB-5 may face a temporary, short-term extension on April 28 this year. Other sources suggest an extension of up to one month. Before the USCIS plan is finalized, the new U.S. Congressional reform policy may be released directly. It is worth noting that as the direct superior of the USCIS, the U.S. Department of Homeland Security can also directly exercise its administrative power to force the USCIS to implement the EB-5 price hike.

Overall, the EB-5 price hike is imminent, and this is the golden period to catch the last train to U.S. immigration. If you still want to seize the opportunity to invest $500,000 in the U.S. before the policy changes and prices rise, then invest as soon as possible in Worldway's three high-quality EB-5 projects that have already been approved, enjoy "exemption rights," and are unaffected by policy changes or price hikes.

For professional interpretation of the new EB-5 draft and more professional answers regarding the future direction of EB-5 policy changes, please contact the professional consultants at Worldway Immigration Group or call the Worldway Immigration Group 24-hour service hotline: 400-138-2929

Disclaimer: Some of the material in this article is sourced from U.S. EB-5 Yidiantong, and the copyright belongs to the original author. The information or views in this article are for reference only. If there are any copyright issues, please contact the original author or us.