EB-5 Reform and Integrity Act of 2022 (RIA): Passed by Congress in March 2022, the legislation (“2022 Act”) reauthorized the Regional Center Program, having expired 9 months before, and implemented a number of changes and requirements for investors and regional centers. The 2022 Act set new requirements: minimum investments of $1,050,000, or $800,000 in a TEA or infrastructure project (see “TEA”). Relates to the EB-5 program.
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by bsmith@carofin.com | Mar 7, 2024