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DHS/USCIS RIN: 1615-AC07 Publication ID: Spring 2015 
Title: ●Improvement of the Employment Creation (EB-5) Immigrant Regulations 

DHS is proposing to update its EB-5 regulations to improve clarity by having two distinct regulatory sections - one for individual investors and one for combined investors in a designated regional center investment.  DHS is also proposing to amend its regulations in response to statutory amendments that require that some portions of the regulation be updated.  For example, the statute was revised to eliminate the requirement involving "increased export sales," yet this requirement is still listed in the regulations.  Unique EB-5 program issues which will be addressed in the updated regulation are:  the designation of Targeted Employment Areas; indirect job creation; the required investment amount; material changes effect on conditional residency; the regional center designation process; and monitoring for regional center compliance. 

Agency: Department of Homeland Security(DHS)  Priority: Other Significant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Long-Term Actions 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: 8 CFR 204.6   
Legal Authority: 8 U.S.C. 1153(b)(5)   
Legal Deadline:  None
Action Date FR Cite
NPRM  To Be Determined 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL:  
RIN Data Printed in the FR: No 
Related RINs: Related to 1205-AB69 
Agency Contact:
Lori S. MacKenzie
Division Chief, Operations Policy & Stakeholder Communications, Immigrant Investor Program
Department of Homeland Security
U.S. Citizenship and Immigration Services
131 M Street NE.,
Washington, DC 20529-2200
Phone:202 357-9214