NEW REGULATIONS FOR THE EB-5 INVESTOR VISA PROGRAM WERE PUBLISHED IN THE FEDERAL REGISTER AND WILL TAKE EFFECT NOVEMBER 21, 2019

Today the Department of Homeland Security’s (“DHS”) EB-5 Modernization Regulations were published on the Federal Register’s website, which is the first time there has been significant change in the EB-5 Investor Visa Program since 1993 (Federal Register Link).

The new regulations state the effective date for these changes is November 21, 2019. The regulations clarify that anyone that files their I-526 petition prior to November 21st will be adjudicated under the current rules of the program. However, it is important to keep in mind that even with the