Will There Be A Rush To Apply For EB-5 In Early 2018?

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Will there be a rush to apply for EB-5 in early 2018?

Many factors indicate that the answer will be yes, there will be a rush to apply for EB-5 visas.

The EB-5 Immigrant Investor Program has been gaining increased popularity year after year, but due to certain reforms expected to be implemented next year, the rush to apply for EB-5 could be drastic.

Indians in particular are rushing to apply for EB-5 visa due to worry about the H1-B visa future as well as concern over the reforms expected to take place to EB-5 next year. The two major EB-5 reforms expected include:

  • Raising the minimum investment amounts
  • Changing and restricting the targeted employment area (TEA) thresholds

Potential applicants are rushing to apply for EB-5 before the January 19, 2018, deadline when the minimum investment amounts could potentially see significantly raises and before targeted employment areas could be significantly more restricted. Comparatively, it's current investment amount of $500,000, the EB-5 regional center program visa appears cheap and appealing.Wealthy foreigners can apply for the visa and obtain permanent residency for not only themselves, but also for their spouse and unmarried children under the age of twenty-one, in exchange for investing a minimum of $500,000 in a job-creating commercial enterprise. They can also gift the funds to their children and have them apply for the program if they are above the age of twenty-one or married.Many foreigners are attracted to the United States because of its world-class schools and universities, its strong real estate market, its tremendous job investments and opportunities, and its popular travel destinations. The EB-5 Regional Center Program allows EB-5 investors to live, work, travel, and attend school anywhere in the U.S. Investors are not required to be involved in the day-to-day management of their EB-5 investment, and are therefore are not restricted to living near their investment. The EB-5 Program can lead to U.S. citizenship.

For more information about the EB-5 Program, send us a message.

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