OMB Published New EB-5 Regulation End-Date

Last week, OMB announced that the end-day for finalization of the pending USCIS regulations pertaining to the EB-5 program has been set as April 2018. While Congress could still act in the interim, absent Congressional action this action by OMB puts an end-date to the enactment date for the pending regulations, which include increases of the minimum investment amounts to $1.35 million for TEAs and to $1.8 million for non-TEAs. We will advise as this matter matures.

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