Immigrants seeking a green card via investment will have to pay a lot more under a new Homeland Security Department regulation that has been years in the making.
The final regulation overhauling the EB-5 immigrant investor program, released July 23, bumps up the minimum investment amounts required for a green card for the first time in nearly 30 years. The minimums, currently at $500,000 and $1 million, will rise to $900,000 and $1.8 million when the regulation becomes effective Nov. 21.
The lower investment amount is less than the DHS’ original proposal of $1.35 million in January 2017, a particular ...
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