New regulations soon to be released will limit targeted employment areas (“TEAs”), which permit a $500,000 EB-5 investment. This is to eliminate “gerrymandering” districts. Creating oddly shaped political districts are often referred to as “gerrymandering”.
If gerrymandering is not used to discriminate minorities, then it is perfectly legal. Gerrymandering is used in projects to combine both high unemployment and low unemployment contiguous tracts.
Department of Homeland Security Secretary Johnson hopes to have new EB-5 regulations out by September. The USCIS has said the new regulations would be out by this summer. The TEA minimum investment amount will increase from 500,000 to 800,000.
Our immigration and investment expertise is available to you in Dr. Finkelson’s ground-breaking book that was published in 2014, How to Find Chinese Investors, Agents & Clients for Your EB-5 Projects & Services. A Practical Guide for Regional Centers, Attorneys, Developers and Businessmen. Ordering information is available on our websites: www.Business-Visa-USA.com, www.Business-Visa-USA.cn, www.Business-Visa-USA.hk and www.Business-Visa-USA.ru.
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Dr. Gregory Finkelson’s new book, Moving Your Family to America – A Simple Guide to Business and Investment Immigration is now available in English and Chinese versions on Amazon. Click on the appropriate language link to order your copy now: www.Biz-Visa-USA.com.
– See more at: http://www.datsyn.com/article/5851/2016/07/12/New-Regulations-for-TEAS#sthash.JopNwXw3.dpuf