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.
Attorney José E. Latour
