The EB-5 program’s new federal regulations take effect today, and will double the minimum dollar amount that all foreign visa-seekers must plow into development projects. The rules are designed to clamp down on abuse, to modernize the 30-year-old federal program and to keep up with inflation. EB-5 allows foreign investors get U.S. green cards in exchange for investing in American businesses and creating at least 10 jobs. While it was intended to spur development in
source https://therealdeal.com/2019/11/21/heres-what-the-eb-5-rule-changes-mean-for-real-estate/
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