New Commercial Enterprise

EB-5 investment will have to be forwarded to a for-profit organization that was established after the 29th of November 1990. EB-5 investments can appear in four different methods. It entails creating an entirely new organization, expanding an existing business, reconstructing an existing venture to look innovative, or saving a network with a problem. Investing in an innovative commercial business is a must for all EB-5 investors. An NCE remains a legal startup enterprise that can generate up to ten full-time projects. In some instances, a business with insufficient progress may be eligible if it can expand, renovate, and save ten active jobs.

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EB-5 Program Update:

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 February 2022, and continues to work with international families that want to explore alternative residency options.

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