EB-5 Reform and Integrity Act of 2022 (Statutory Regional Center Program Reauthorization)
Validated finding · five-country-2010-20260922-v118-evidence-presentation-fix
Policy effect
Congress enacted statutory reforms repealing and replacing the legacy EB-5 Regional Center Program, reauthorizing the regional center category through September 30, 2027, creating reserved visa subcategories for rural, high-unemployment, and infrastructure projects, and adjusting minimum investment amounts ($800,000 in TEAs / $1,050,000 non-TEA).
Conditions and exceptions
Validated condition or limit: Congress enacted statutory reforms repealing and replacing the legacy EB-5 Regional Center Program, reauthorizing the regional center category through September 30, 2027, creating reserved visa subcategories for rural, high-unemployment, and infrastructure projects, and adjusting minimum investment amounts ($800,000 in TEAs / $1,050,000 non-TEA).
Official source excerpt
Quoted verbatim from the official source below. Ellipses indicate omitted text.
… category to qualified investors who will contribute to the economic growth of the United States by investing in U.S. businesses and creating jobs for U.S. workers. EB-5 investors have historically had the option of participating in the Regional Center Program, which allows an investor to rely on indirect job creation when they invest through a USCIS-designated regional center. Authorization related to the Regional Center Program lapsed at the end of the day on June 30, 2021. On March 15, 2022, the EB-5 Reform and Integrity Act of 2022 was signed into law, revising general eligibility requirements, substantially reforming and codifying the Regional Center Program in INA 203(b)(5), and adding significant new integrity provisions. The law also made certain changes affecting applicants seeking adjustment of status based on the EB-5 category. 1 On October 6, 2022, USCIS published revised guidance for investor petitions to align certain content with the new law. 2 This guidance, contained in Volume 6 of the Policy Manual, further reorganizes and updates Part G, Investors, to incorporate statutory reforms related to regional center designation and responsibilities. USCIS anticipates making future updates to this guidance to provide additional clarifications, as needed. The guidance contained in the Policy Manual is controlling and supersedes any related prior guidance. Policy Highlights 1 See EB-5 Reform and Integrity Act of 2022, Division BB of the Consolidated Appropriations Act of 2022, Pub. L. 117-103, 136 Stat. 49, 1070 (March 15, 2022). 2 See EB-5 Reform and Integrity Act of 2022, PA-2022-23, issued October 6, 2022. To provide feedback on this update, email USCIS at policyfeedback@uscis.dhs.gov. PA-2023-31: EB-5 Regional Center Program Reform Page: 2 • Provides guidance on immigrant …
Congress / U.S. Citizenship and Immigration ServicesPublic Law 117-103, Div. BB, 136 Stat. 1070; USCIS Policy Alert PA-2022-11; Public Law 117-103, Division R; 87 FR 40676Open official source
Retrieved from https://www.uscis.gov/working-in-the-united-states/permanent-workers/employment-based-immigration-fifth-preference-eb-5/eb-5-reform-and-integrity-act-of-2022Review method
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