The US Secretary of Homeland Security Jen Johnson has recently recommended to the U.S. Senate an increase of 50% to the minimum investment amount required for the EB-5 visa. That is to increase from $500 to $750 thousand USD. As a result, by latest of September 30th, 2015, it is estimated that the minimum required investment for the EB-5 visa will be US$750,000.
This year, U.S. Senate will vote on an authorization bill to renew the EB-5 program for another 3 years. The statutory renew of the EB-5 bill was enacted on September 28, 2012. The new bill is expected to raise the minimum EB-5 investment amount of US$500,000 since that amount has not changed since 1990 when the EB-5 visa was implemented.
The US Secretary of Homeland Security Jen Johnson has recently recommended to the U.S. Senate an increase of 50% to the minimum investment amount required for the EB-5 visa. That is to increase from $500 to $750 thousand USD. As a result, by latest of September 30th, 2015, it is estimated that the minimum required investment for the EB-5 visa will be US$750,000.
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About the AuthorsLaura Schonberg and Andrea Timerman developed their passion for immigration law through their own experience immigrating to the United States. Laura received a Bachelor of Arts in Political Science and Juris Doctor Degree from Florida International University. Andrea received a Bachelors in Business Administration from Pace University, NY, and her Juris Doctor Degree from Florida International University. Both attorneys obtained ample experience in the immigration field before partnering to work as immigration attorneys at Schonberg & Timerman, P.L. Archives
April 2020
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