U.S. Citizenship and Immigration Services (USCIS) published a final rule on July 24, 2019, that makes a number of significant changes to its EB-5 Immigrant Investor Program (“EB-5 Program”). These new rules are designed to provide the first significant revision of the EB-5 Program’s regulations (“EB-5 Regulations”) since 1993. The final rule came into effect on November 21, 2019 (“Effective Date”). The new EB-5 Regulations do not, however, apply retroactively to EB-5 petitions filed prior to the Effective Date.
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