Skip to main content

Rumors of Proposal to Reduce EB-5 Investment Amount and Increase Visa Allotment

By March 30, 2020May 14th, 2021EB-5 Visa, Immigration, Investor Visas

The newspaper Politico is reporting that there are rumors that the Trump Administration is considering reducing the current TEA EB-5 investment amount from $900,000 to $450,000 and increase the number of visas allotted to EB-5 applicants from 10,000 to 75,000. The decrease in investment amount will encourage more high net worth individuals to invest and immigrate to the United States while the increase in visa allotment will resolve the years of retrogressed backlog investors from countries such as China, Vietnam, and India are experiencing.

Every year, Congress sets limits on the number of immigrant visas that can be issued each year. In order to adjust status to that of a legal permanent resident, also known as a Green Card holder, an immigrant visa must be available to the applicant both at the time of filing and at the time of adjudication. No one country in the category is allowed to exceed more than 7% of the visas allowed.  For applicants from countries that have exceeded the 7% allowance, a “visa retrogression” (or wait-list) is applied to the country. For more information on options if you are currently retrogressed, please click here and here. USCIS recently changed its adjudicating procedure to adjudicate petitions from countries that are not currently retrogressed first before the retrogressed countries. For more information, please click here. This would mean that wait times for these countries will only increase. Please click here to learn more about children aging out.

At this time, there are just rumors reported by this one newspaper. In November 2019, the EB-5 investment amount increased from $500,000 to $900,000 for targeted employed areas (TEA) and from $1 million to $1.8 million for non-TEA areas. For more information about these recent changes, please click here. These increases have been in talks for years and its only last year did the new rules become law. It’s unlikely that if the investment amount is to change again that it will happen fast. Until there is a change, the current EB-5 rules still apply.

FREE EB-5 Visa Resources

Click on the buttons below in order to claim your free EB-5 Visa Guide, sign up for our free EB-5 Visa Webinar, or watch our EB-5 Visa videos.

Download Our EB-5 Visa Guide
Sign Up For Our EB-5 Visa Webinar
Watch Our EB-5 Visa Videos

Set up an EB-5 Visa Consultation

For a dedicated one-on-one EB-5 Visa consultation with one of our lawyers, click on the button below to schedule your consultation.

Schedule a consultation

This website and blog constitutes attorney advertising. Do not consider anything in this website or blog legal advice and nothing in this website constitutes an attorney-client relationship being formed. Set up a one-hour consultation with us before acting on anything you read here. Past results are no guarantee of future results and prior results do not imply or predict future results. Each case is different and must be judged on its own merits.

Leave a Reply

We are happy to offer our EB-5 visa guide that describes the EB-5 visa requirements, and other advise to assist with your EB-5 visa application.
For more info visit our EB-5 visa service Page or schedule a consultation so we can handle your EB-5 visa process.