Recently, according to industry reports within the U.S. EB-5 sector, the highly anticipated USCIS regulatory reform proposal has been submitted to the Office of Management and Budget (OMB) for review. This milestone marks a significant step toward the finalization of the regulations, indicating that the plan to increase EB-5 investment amounts through administrative measures may soon be implemented.
For a long time, USCIS has been contemplating reforms to the EB-5 Regional Center Program at the administrative level, while Congress has been actively promoting reforms from a legislative standpoint. The draft of the USCIS regulatory reform, titled "EB-5 Immigrant Investor Program Modernization," was released in January 2017. Following two years of public comment collection and subsequent revisions, it has now been submitted to the OMB for review.
Worldway Group notes that, typically, the issuance of a U.S. government regulation involves nine major steps; the regulation has currently reached the eighth step, which is the penultimate stage. This means that the implementation of the USCIS EB-5 administrative reform regulation is not far off.
Referring to the regulatory reform proposal published in January 2017, one of the major impacts on investors once the regulation is implemented will be a significant increase in the minimum investment amount. At that time, the minimum investment for a Targeted Employment Area (TEA) is expected to rise from $500,000 to $1.35 million, and the investment amount for non-TEA areas will increase from $1 million to $1.8 million. Worldway Group will closely monitor any further developments regarding the EB-5 investment amounts within the USCIS regulatory reform amendment.
As is customary, the minimum time between the publication of a regulation and its effective date is 30 days, while significant regulations require a lead time of at least 60 days.
Therefore, for investors, the only course of action is to seize the opportunity, accelerate the process, apply as early as possible, and select high-quality projects to catch the final window for the $500,000 low-cost U.S. immigration path. Missing this golden application period will result in more than just financial loss!
Of course, while selecting high-quality projects, investors should also opt for those that have already received USCIS approval, show potential for shortened visa backlogs, have fully completed job creation, and offer first-priority repayment guarantees. These features will greatly protect investor interests and facilitate a successful immigration to the U.S. Two of the most popular EB-5 projects in the current market offered by Worldway Group—the Manhattan 9 Luxury Boutique Hotel and the Dallas 1 project—are exceptional, high-quality opportunities. Currently, both projects are under steady construction according to their established schedules.
Quotas for high-quality projects are limited; individuals with a need for a Green Card and available funds should seize the opportunity! Take advantage of the golden historical period for low-cost U.S. immigration at $500,000 and submit your application as soon as possible. Premium project hotline: 400-138-2929