The Department of Homeland Security recently published proposed regulations for the EB-5 program. These proposals include significant reforms to the current Program.
According to IIUSA, “There were two separate proposed rules published, one that addresses program monitoring and oversight, the other addresses TEAs and investment amounts. Both have a comment period that ends on April 11 and IIUSA is collecting comments from the membership for the Public Policy Committee to consider in its official comment submission to DHS, demonstrating the negative effects these proposed changes would have on the industry.”
If you would like to submit comments showcasing the impact these changes would have on projects, communities, and jobs, please submit them to IIUSA’s Public Policy Committee at advocacy@iiusa.org . The cutoff date is January 29th.