EB-5 Immigration program is a US government program that allows foreign investors to move to the US with their families through an investment starting from $800,000. Following the significant overhaul of the EB-5 program in 2022, the past year marked a period of stabilization and refinement. It was a year of clarifying the pivotal changes […]

The 2023 EB-5 snapshot

EB-5 Immigration program is a US government program that allows foreign investors to move to the US with their families through an investment starting from $800,000.

Following the significant overhaul of the EB-5 program in 2022, the past year marked a period of stabilization and refinement. It was a year of clarifying the pivotal changes introduced in 2022, coupled with a steady rise in applicants from diverse regions across the globe.

  • Maturing legislation 
  • I⁠ncreasing processing fees
  • Number of applicants showing exponential growth from the 10-year floor of 2021

In 2023, there are were no significant amendments to the program, but incremental changes occurred following the enactment of the RIA law in 2022, which imposed new rules and requirements on EB-5 industry participants.

  • New Approach to Petition Processing Priority
  • Sustainment period for the EB-5 Projects
  • Increased Oversight of EB-5 Immigration Agents and Third-Party Promote
  • Increased Fees for EB-5 Investors and for Regional Centers
  • Extension of Green Card Status for I-829 Petitioners