Matthew Galati welcomes the proposal but argues it amounts to a concession that DHS overcharged EB‑5 investors for 18 months.
Could the Gold Card replace EB-5? Galati & Chavez examine the legal framework and political realities of Trump’s ambitious proposal
Entrepreneurs can now qualify by securing investments worth $264,147, but immigration lawyer Matthew Galati thinks uptake will remain sluggish.
Sara Sousa Rebolo says with a new government and new regulations, this will “be a very stable year” for Portugal’s Golden Visa.
“[…] location fluidity is going to stop being a luxury for just the very few. It’s going to be an option for everyone.”
USCIS last week shocked the EB5 market by saying all regional centers will need redesignation. That’s not the case, say congressional leaders.
All Regional Center designations are now defunct and all entities seeking to recruit RC-based investors must file for designation again.
“It’ll take a long time for this new program to be stable,” says Matt Galati. “I don’t know if that gets done before 2027, frankly.”
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.
The Department of Homeland Security will not appeal the Behring ruling after all, confirming $500,000 minimum investments for direct EB5.
“By filing numerous lawsuits because the agency wasn’t doing anything in 2019, we finally got the agency moving again,” says Matt Galati.
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.
Is EB-5 dead? How does direct EB-5 work? Will the regional center program return? Is it true that minimums are back to US$500,000? Matthew Galati provides a jargon-free status update on EB-5.
