Trump Rule Tightening EB-5 Visa Program Struck Down by Federal Judge

A federal judge has struck down a set of rules issued by the Trump administration that required immigrants seeking green cards through a federal investor visa program to spend more in the U.S. to qualify.

Those rules, issued by the Department of Homeland Security in 2019, raised the minimum investment amount to apply for what are known as EB-5 visas to $900,000 from $500,000, and made it harder for developments in places such as Midtown Manhattan to qualify. Foreigners can get green cards by investing in U.S. real-estate projects and other businesses that create jobs.

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