Timeframe (with regard to job creation)

Every EB-5 investor must complete the I-526 form, the initial petition by the investor to immigrate to the US. The timeframe refers to the job creation requirements the EB-5 investor must fulfil within the first 24 months after their I-526 form is approved. Tellingly, the timeframe does not take effect until 6 months after the I-526 approval, giving EB-5 investors a total 30-month period to create or maintain 10 full-time jobs. However, every EB-5 investor should aim to fulfil these requirements within the 24 months.

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

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