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EB-5 Reform & Integrity Act: New Opportunities and Compliance Essentials

The 2022 EB-5 Reform Act introduced rural priority, concurrent I-526E/I-485 filing, and new investment thresholds. This article breaks down policy changes and their impact on investors.

February 10, 20269 min read
Attorney Carrie PengThe Peng Law

The EB-5 Immigrant Investor Program, established in 1990, has undergone several major reforms. The passage of the EB-5 Reform and Integrity Act (RIA) in March 2022 marked a new era for the program.

Key Change: Investment Amounts

RIA raised the standard investment to $1.05 million and TEA (Targeted Employment Area) investment to $800,000, with adjustments every five years for inflation. TEA designation criteria became stricter, requiring compliance with new high-unemployment or rural area definitions.

Rural Priority Category

RIA introduced visa set-asides for rural projects: 20% of annual EB-5 visas are reserved for rural project investors. This means rural investors may avoid visa backlogs entirely, dramatically reducing green card wait times.

Concurrent I-526E and I-485 Filing

For applicants with current priority dates, RIA permits simultaneous filing of I-526E (Immigrant Petition) and I-485 (Adjustment of Status). This gives investors access to work authorization (EAD) and travel documents (Advance Parole) while their I-526E is pending.

Integrity Measures

RIA strengthened Regional Center oversight requirements including annual audits, compliance reviews, and investor fund protections. Investors should pay particular attention to a Regional Center's compliance track record and financial transparency when selecting projects.

Source of Funds Documentation

Proving lawful source of funds remains the most complex aspect of EB-5 applications. Common sources include property sales, business profits, salary accumulation, gifts, and loans. Each source requires a complete chain of evidence.

Our EB-5 Services

The Peng Law provides end-to-end EB-5 services from project evaluation and source-of-funds analysis through I-526E filing and I-829 removal of conditions. Our team helps investors identify quality projects, ensure fund trail compliance, and maximize approval probability.

Disclaimer: This article is for informational and educational purposes only and does not constitute legal advice. Immigration law is complex and constantly evolving. Please consult a qualified immigration attorney for advice specific to your situation.

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