US’ draft proposal narrows flexibility in seeking bridge finance for EB-5 projects
The US Department of Homeland Security (DHS) proposed new regulations that limit the flexibility of 'bridge financing' for projects under the EB-5 Programme, which allows foreign nationals to obtain green cards through investment. This change aims to strengthen the connection between investor funds and job creation but may reduce the number of eligible projects and increase due diligence requirements for investors. Immigration attorneys have expressed concerns that these tighter regulations could hinder investment opportunities.