On March 15, 2022, the United States enacted the EB-5 Reform and Integrity Act of 2022 (the 2022 Act) as part of a large omnibus budget package of legislation. It provides a 5-year reauthorization of the Regional Center Program with substantial changes, marking an achievement long-awaited by the Regional Center industry.
Takeaways
For all new filings, the minimum investment is $800,000 in a Targeted
Employment Area (TEA), either rural (same definition as before, but
now they receive priority in USCIS processing) or high unemployment
(using narrower “bulls eye” definition from the 2019 regulations).
High
unemployment TEAs are determined only by USCIS and are valid for
two years from project request filing, renewable in two-year
increments.
The $800,000 amount can also be used in “infrastructure
projects” in which a government entity contracts for EB-5 financing to
develop public works (something like a private municipal bond deal)
even if not located in a TEA. Otherwise, the minimum is $1,050,000 (a
$250K spread).
assuming a 3% inflation rate per year
and the next adjustment on March 15, 2027
Estimated Investment Amount for TEA Area on March 15, 2027
$ 920,000
Investment Amount for TEA Area as of Today
$ 800,000
Accrual Investment Amount Over Time
Disclaimer:
Not Legal Counsel. The information provided on this page is intended for educational purposes only and should not be construed as legal advice. Always consult with an attorney regarding your specific legal concerns.
Every moment is valuable, especially when it comes to securing your future and investments. The EB-5 process can be a crucial step in this journey, and the sooner you begin, the closer you’ll be to achieving your goals. We’re here to guide and support you every step of the way. Please reach out to us for any questions or assistance.