- Reauthorizes and extends the RC Program to September 30, 2027.
- Increases the minimum investment amount for Targeted Employment Areas (TEAs) from $500,000 to $800,000.
- Increases the standard (non-TEA) minimum investment amount from $1 million to $1,050,000.
- High unemployment TEAs are now determined only by USCIS (no State letters).
- Grandfathering Protections – maintains eligibility of all pre-enactment investors, as of when they filed their I-526, for both I-526 and I-829 processing.
- Authorizes Concurrent I-485 Adjustment of Status filings for pending and approved I-526 Petitions and provides 245(k) protections.
- Creates new visa set asides for certain types of projects (rural / high unemployment /infrastructure).
- Establishes new reporting and disclosure requirements by RCs to both USCIS and sponsored investors.
- Requires promoters and overseas agents to register with USCIS and report fees collected from RCs and sponsored investors.
- RCs pay an annual “EB-5 Integrity Fund” fee to be used by USCIS to fund investigations and site visits of regional center operators, new commercial enterprises (NCEs) and job creating entities (JCEs).