Free Symposium on US IMMIGRATION BY INVESTMENT (EB-5)
The EB-5 Immigrant Investor Program was established by Congress in 1990 as a way to stimulate the U.S. economy through foreign investment. EB-5 is a popular way for foreigners and their immediate family to gain US lawful permanent residency in exchange for placing capital in an at-risk job-creating new commercial enterprise. By the end of the 2011 fiscal year, more than 3,800 EB-5 applications had been filed and the program reached capacity for the first time in August 2014 when the State Department stopped issuing EB-5 visas until the beginning of the next fiscal year, October 2014.
On July 24th, 2019, U.S. Citizen and Immigration Services (USCIS) has published the Final Rule containing new EB-5 regulations, to go into effect on November 21, 2019.
This final rule changes certain aspects of the EB-5 program that are in need of reform and updates the regulations to reflect statutory changes and codify existing policies. This final rule makes five major categories of revisions to the existing EB-5 program regulations. Three of these categories, which involve (i) priority date retention; (ii) increasing the investment amounts; and (iii) reforming the TEA designations, are substantive. The two other major categories focused on (iv) the removal of conditions; and (v) miscellaneous changes, involve generally technical adjustments to the EB-5 program.
Applications submitted prior to November 21, 2019, an effective date will be processed under current EB-5 regulations. EB-5 changes effective on November 21, 2019 include:
1. Standard investment increase from $1 million to $1.8 million
2. Targeted Employment Area investment increase from $500,000 to $900,000
3. Department of Homeland Security (DHS) authority to designate high unemployment Targeted Employment Areas
4. Priority date retention allowing the use of earliest EB-5 qualifying priority date
Whether you’re chasing a job, starting a business, a different living situation, a better education for you or your children, or simply the American Dream, this is the time to take action! There are no age, language, education, work experience, health, or skill requirements to participate in the EB-5 Program. The EB-5 Program gives investors and their families the opportunity to live, work, study, and travel anywhere in the United States.
Come and join our Free Symposium on US Immigration by Investment (EB-5) where you will be joined by representatives from LCR Capital Partners and BIRCH Capital LLC. Learn about their exciting projects (Four Seasons, Tradepoint Atlantic, etc) and how you can gain US lawful permanent residence (US Green Card) through investment.
The event starts at 7:00 p.m. and ends at 9:00 p.m. - the meal will be provided
Registration opens at 6:00 p.m.
Limited seats are available, make sure you book your seat now!
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