Before it was dissolved in 2003 the INS participated in the implementation of the EB-5 legislation. Since then its duties have passed to USCIS and other departments.
The EB-5 Program has lapsed. The US Congress is discussing the legislation that authorizes the program while USCIS reviews the regulations and policies for filing. Because of the recent court ruling that reversed the 2019 Modernization regulations, the investment level has shifted temporarily from $900,000 back to $500,000.
If the program is reauthorized before the regulations are updated, there may be another window of opportunity to file at $500,000.
LCR expects the program to be reauthorized in December, and continues to work with international families that want to explore alternative residency options.
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