EB-5 Extension Until Sept. 30, 2020 | U.S. Immigration Fund

Washington D.C., Dec. 19, 2019: The House of Representatives and the Senate have approved legislation that extends the EB-5 Regional Center Program until September 30, 2020.

EB-5 Program Extension and Legislative Approval

The extension of the EB-5 Regional Center Program does not include changes to the program’s requirements. The USCIS regulations that entered into effect on November 21, 2019, therefore remain unchanged.

The new EB-5 regulations increased minimum investments to $900,000 for high-unemployment areas and rural areas and $1.8 million in other areas.

USCIS has not yet issued rules, forms, or procedures for requesting a designation of a high-unemployment area. Thus, no high-unemployment areas are currently certified by USCIS. Areas that formerly qualified as targeted employment areas before the regulations changed are no longer in effect.

Donoso & Associates, a leading immigration law firm based in Washington, D.C., will continue to report on developments regarding immigration law and policy through our news section of donosolaw.com.

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