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DHS/USCIS | RIN: 1615-AC07 | Publication ID: Spring 2018 |
Title: EB-5 Immigrant Investor Program Modernization | |
Abstract:
In January 2017, the Department of Homeland Security (DHS) proposed to amend its regulations governing the employment-based, fifth preference (EB-5) immigrant investor classification. In general, under the EB-5 program, individuals are eligible to apply for lawful permanent residence in the United States if they make the necessary investment in a commercial enterprise in the United States and create or, in certain circumstances, preserve 10 permanent full-time jobs for qualified U.S. workers. This rule sought public comment on a number of proposed changes to the EB-5 program regulations. Such proposed changes included: raising the minimum investment amount; allowing certain EB-5 petitioners to retain their original priority date; changing the designation process for targeted employment areas; and other miscellaneous changes to filing and interview processes. |
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Agency: Department of Homeland Security(DHS) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
EO 13771 Designation: Other | |
CFR Citation: 8 CFR 204.6 8 CFR 216.6 | |
Legal Authority: 8 U.S.C. 1153(b)(5) |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: Yes | Government Levels Affected: None |
Small Entities Affected: Businesses | Federalism: No |
Included in the Regulatory Plan: Yes | |
RIN Information URL: www.regulations.gov | Public Comment URL: www.regulations.gov |
RIN Data Printed in the FR: Yes | |
Related RINs: Related to 1205-AB69 | |
Agency Contact: Edie Pearson Division Chief, Policy and Strategic Learning Department of Homeland Security U.S. Citizenship and Immigration Services Immigrant Investor Program Office, 131 M Street NE, Washington, DC 20529-2200 Phone:202 272-8377 Fax:202 272-1480 Email: edie.c.pearson@uscis.dhs.gov |