USCIS last week shocked the EB5 market by saying all regional centers will need redesignation. That’s not the case, say congressional leaders.
The more than 40,000 EB-5 investors left in the lurch by the closure of the Regional Center Program are not going down without a fight.
“We’ve always had clients out of the U.S., but more recently, it’s by far our single biggest jurisdiction of new clients,” Mr. Volek said.
The Department of Homeland Security will not appeal the Behring ruling after all, confirming $500,000 minimum investments for direct EB5.
EB-5 min. investment amounts could change for a third time in two years if the Behring appeal goes ahead. That’s a big “if”, says Matt Galati.
