Feds Clarify Eligibility Rules for EB-5 Immigrant Investors

U.S. Citizenship and Immigration Services issued new policy guidance intended to clarify eligibility requirements when immigrant investors redeploy their capital under the EB-5 program.

The program grants green cards to immigrants who invest in American businesses and create jobs for U.S. workers as long as they sustain their investment “at risk” throughout a two-year period of conditional residence.

The new guidance, released Friday, updates the agency’s 2017 policy that allowed investors to meet the at-risk requirement through further deployment of their capital “once the job creation requirement has been met and the investment capital is returned or otherwise available to ...