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【US Affairs】Significant changes to the EB-5 program in 2022

The EB-5 Reform and Integrity Act of 2022 (“Act”), which was pass by Congress and signed by the President on March 15th this year. The Act sets new minimum investment levels of $1.05 million, or a reduction to $800,000 if the project islocated in a qualified targeted employment area.

Some highlights of the Act that are for the benefit of investors include:

  • Investors who have already filed I-526 Petitions under previous law and regulations may continue with their EB-5 processing...

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