World Migration News - March 14, 2023
Conflict over changes to the EB-5 retention period - and the need for resettlement.
This news report discusses the debate among stakeholders regarding the U.S. EB-5 investment program in 2023, particularly concerning the increase in the minimum investment amount from $900,000 to $1.35 million. The debate centers on whether this increase will diminish investor interest and impact the program's development.
According to the news report, RIA Capital Sustainment is one of the parties involved in this debate. The company argues that increasing the minimum investment amount is necessary to ensure the quality of projects funded by the EB-5 program and to enhance the program's sustainability. However, RIA Capital Sustainment also notes that raising this amount could negatively impact investor interest in the EB-5 program.
The news report also mentioned that the US government is considering various options to modify the EB-5 program, including increasing the minimum investment amount. However, no official decision has yet been made on this matter.
Finally, the news report stated that all parties involved in the EB-5 program need to discuss and come up with the best decision for both the program and the investors.