Questioning on the rising of EB-5 fee?
As a protential EB-5 investor, i am concerning whether the EB-5 fees will rise from USD500,000 to an unknown number? If yes, can anyone tell what is the exact time? Really thx for replaying.
I don't think there's a certain date, but it's possible the investment amount increases as early as December 9th, 2016, which is the next deadline for the government to extend the EB-5 Regional Center Program.
There are still no news on what this number might be, but the next deadline is April 28th. The options are: unchanged, $800,000, $1.3M, or dismantling the program altogether (very unlikely). As of February 3rd there seems no indication yet on when and how this will happen, so we might see another kick in the can after all.
As of today, The Investment amount remains the same. There are many discussions as to increasing the amount to $800,000, $1. 3 Million among other changes to the program. We will have to wait for the deadline to see what will happen.
According to a lot of representatives in the US Congress, that figure should be above $1 million as the EB-5 program seem to be "too" popular right now.
In early January, 2017, DHS released its proposed regulations to increase the minimum investment amount in Targeted Employment Areas (TEAs) to $1,350,000 and to $1,800,000 in non-TEAs. The commentary period on the Rule ends on April 11th, 2017 and it would appear at some point following that DHS will provide its final rule making to increase the minimum thresholds. It is not possible to tell with certainty the eventual determination or when the increased amount will become effective but it would appear likely that the minimum thresholds will likely rise in the near future.
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