The court said the U.S. Citizenship and Immigration Services , Acting Director lacked the authority to issue that regulation.
In 2019, the U.S. implemented changes in the EB-5 investor programme as part of a comprehensive EB-5 modernisation law passed by Congress. Speaking at a press briefing, the Chief Executive Officer, 3Invest Limited, Ruth Obih, stated that the 2019 increase to $900,000 saw a drop in the level of investors.
She said: “Moderno Porcelain Works, is currently one of the few approved operational businesses in the EB-5 industry ready to process direct EB-5 investments in the U.S.