in Blog

EB-5 Filing Fees Triple on April 1, 2024

By Jose E. Latour, Esq.

February 2, 2024

On January 31, 2024, the U.S. Government published a final rule implementing USCIS filing fee changes which will take effect on April 1, 2024. For EB-5 investors who have been waiting to commit to their investment, the I-526/526E Investor Petition filing fee will more than TRIPLE, going from the current $3675 to $11,160… just 8 weeks from now.

As you can imagine, AVSRC has been getting nonstop questions from prospective investors who have been organizing the funding for their EB-5 investment in River Oak EB-5, our current offering, which is a 6 year loan investment funding the construction of a 170 unit single family home residential community in Martin County, Florida. We are supporting their wish to beat the fee increase by expanding our resources to beat the deadline.

Investing in EB-5 is one of the most important decisions an investor will ever make for his or her family and it should not be rushed. This sudden, shockingly-high fee increase should not trigger EB-5 investors to rush out and carelessly choose a project without doing extensive homework on the project and Regional Center simply to save on the cost of filing.

However, for those prudent investors who have been diligently doing their homework and carefully choosing the best EB-5 option available, this is certainly a “wake up call” to commit to their chosen investment, fund, and file ASAP!

If you have any questions regarding River Oak EB-5, please contact info@avseb.com.

BREAKING: Investors in EB-5 Projects by Existing RCs Can Now File I-526E Right Away

The USCIS has just agreed to a settlement which resolves two pending lawsuits filed against the government, paving the way for approved EB-5 Regional Centers like American Venture Solutions (“AVS”) to begin filing new EB-5 investor petitions (I-526E) without waiting for USCIS adjudication of new Regional Center compliance form.  When the EB-5 Reform and Integrity Act of 2022 was passed earlier this year, Congressional intent and the law’s language made it clear that the purpose of the law was to enhance investor protections and improve transparency in the EB-5 program.  To the shock of the industry, USCIS responded to the law by concluding that it meant that all previously approved and operating EB-5 Regional Centers were effectively terminated.  That prompted a series of lawsuits in which IIUSA, the leading EB-5 industry group (in which AVS is an active member), joined as a plaintiff.  While the settlement resolves a number of