Earlier this year we mentioned how we were "Closely Watching a Lawsuit that Could Bring Back $500,000 EB-5 Investments."
We are ecstatic to report that the Plaintiff, Behring Regional Center, has prevailed. Attached is a copy of the judge's decision which -- at least for now -- immediately vacates the Modernization Rule. EB-5 has -- for now -- returned to a $500,000 minimum investment.
That could change in the coming days as the Agency may weigh whether to appeal the case and stay its ruling. We will have more to come on this development in the coming days.
For more information regarding investor immigration, contact us today.
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