October 30, 2020
Note: The EB-5 investment level has been increased to USD $900,000 in November 2019.
A new approach to visa processing came into effect on March 31, 2020, which aims to speed up processing times for under-represented countries. Going forward, EB-5 I-526 petitions will no longer be processed in the order received, but instead processing will favour applicants from countries where visas are immediately available.
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Under EB5, there is no language requirement, no age limit, and no management experience requirement. Applicants must have a net worth of minimum $1 million USD and be able to document the source and path of funds for the investment and fees.