New rule tightens EB-5

Press Release

Tightening requirements for the EB-5 Immigrant Investor and Regional Center programs, the Trump administration published its Final Rule on Wednesday, upping the standard minimum investment amount from $1 million to $1.8 million. In Targeted Employment Areas the minimum investment now goes from $500,000 to $900,000. The final rule also:

1. Allows an investor to retain a priority date from a previously approved petition that was revoked for reasons beyond their control.

2. Clarifies when derivative family members must file their own petition to remove conditions in permanent residence.

3. Provides for additional interview location options.

According to the U.S. Citizenship and Immigration Services, there are currently three EB-5 Regional Centers in the Marianas: The American Northern Marianas Regional Center, LLC; Invest CNMI, LLC; and the Tinian EB-5 Regional Center, LLC. That number is down from six in 2016.

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