Update from Bernard Wolfsdorf, Esq. and Joseph Barnett, Esq. at Wolfsdorf Rosenthal LLP:

Introduction:

While it is not precisely clear when the U.S. Department of Homeland Security (“DHS”) will finalize its proposal to adjust the EB-5 minimum investment amount, it is now highly likely there will be a price increase on foreign nationals to obtain an EB-5 green card.  This conclusion is based on the statements made during the recent March 8, 2017 U.S. House of Representative Judiciary Committee hearing on DHS’ Proposed Regulations Reforming the Investor  Visa Program.

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