Feds Clarify Eligibility Rules for EB-5 Immigrant Investors

Feds Clarify Eligibility Rules for EB-5 Immigrant Investors

2020/07/25 1:22pm

USCIS guidance affects further deployment of capital Guidance follows new rule to boost investment amounts

 

U.S. Citizenship and Immigration Services issued new policy guidance intended to clarify eligibility requirements when immigrant investors redeploy their capital under the EB-5 program.

The program grants green cards to immigrants who invest in American businesses and create jobs for U.S. workers as long as they sustain their investment “at risk” throughout a two-year period of conditional residence.

The new guidance, released Friday, updates the agency’s 2017 policy that allowed investors to meet the at-risk requirement through further deployment of their capital “once the job creation requirement has been met and the investment capital is returned or otherwise available.

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