Under the EB-5 Reform and Integrity Act of 2022, any EB-5 project with more than one EB-5 investor must be sponsored by a Regional Center. The “Pooled Direct” investment schemes were thus eliminated.
Those “pool direct” investmet became popular during the eight-month lapse of the Regional Center program (June 30, 2021 – March 15, 2022)
Petitions filed before March 15, 2022 are grandfathered but USCIS is rejecting petitions filed on or after March 15, 2022 based on a pooled, non-regional center investment.
Please note that this article does not constitute legal advice. We simplified the law to provide general information about one aspect of EB-5 program. If you would like to discuss if you are eligible to apply for EB-5 green card or need help obtaining EB-5 green card, schedule a consultation with an experienced EB-5 immigration lawyer in Arizona at www.calendly.com/irena-3 TODAY! We look forward to talking with you and helping you get your EB-5 green card!