EB-5 · Investor briefing

EB-5 Grandfathering Deadline: What Filing After September 30, 2026 Means for Investors EB-5 sau 30/09/2026:

September 30, 2026 is the EB-5 grandfathering deadline, not the date the program EB-5 ends. The Regional Center Program remains in effect through September 30, 2027.

Updated September 2026
September 30, 2026
Filing deadline for grandfathering protection
September 30, 2027
Current expiration date of the Regional Center Program
January 1, 2027
Scheduled inflation adjustment to investment amounts
US$800,000
Current minimum investment for projects in a Targeted Employment Area (TEA)
01Key concept

What EB-5 grandfathering actually means

Under the grandfathering provision of the U.S. Immigration and Nationality Act (INA Section 203(b)(5)(S)), if the Regional Center Program expires, the U.S. Department of Homeland Security (DHS) must continue to process petitions filed on or before September 30, 2026.

A petition is not denied solely because the program expires. Nor is visa issuance for beneficiaries of an approved petition suspended for that reason alone.

This protection first appeared in the EB-5 Reform and Integrity Act of 2022 (RIA). In the more than 30 years before that, EB-5 law had no comparable provision.

!
September 30, 2026 is not the date the EB-5 program ends

It only determines which petitions are grandfathered. A Form I-526E filed on October 1, 2026 still falls within the program's current authorization period; it simply no longer has grandfathering protection.

02Key dates and figures

Three dates, three distinct effects

Date What it affects What changes after the date
September 30, 2026 Grandfathering Petitions filed after this date are no longer protected by grandfathering
January 1, 2027 Investment amount Investment amounts are adjusted for inflation for the first time, then every 5 years thereafter
September 30, 2027 Program authorization The program must be reauthorized by the U.S. Congress to continue operating
03History

Three decades of EB-5: a look back at periods of change

1990
established EB-5
Created to attract foreign capital and create jobs in the United States.
1992
Regional Center Program created
Channeling investor capital into economic development projects.
1992–2021
Periodic reauthorizations
The program was extended many times, each time amid political debate.
June 30, 2021
Program lapses
Congress did not pass a reauthorization in time.
March 2022
RIA signed into law
The law extended the program to 2027 and overhauled its regulatory framework. Grandfathering was created by this law.
September 30, 2026
Filing deadline for grandfathering protection
The cutoff that determines which petitions are protected.
September 30, 2027
The program's current expiration date
When the program next needs to be reauthorized.
04Lessons from the past

The 2021 precedent: what actually happened to the program?

What happened

On June 30, 2021, the Regional Center Program lapsed. It remained suspended for nearly nine months.

Pending petitions

USCIS held pending regional center petitions in abeyance and did not accept new regional center petitions during this period.

Outcome

The program was not abolished; it was reauthorized by the RIA, with a stricter regulatory framework than before.

This is the only precedent, so it should be read with caution. The legal framework is different today, and petitions filed on or before September 30, 2026 are protected by grandfathering, a safeguard investors did not have in 2021.
05Six legal and practical grounds

Why reauthorization appears more likely than termination

A

Legislative history

When major shortcomings have emerged, Congress has tended to reform the program rather than eliminate it.

B

How the 2022 RIA is structured

The law extended the program to 2027, raised transparency requirements, established the EB-5 Integrity Fund, and strengthened oversight of projects and intermediaries.

C

The 2021 precedent

The program has lapsed before and was restored.

D

Scale of capital flows

Between 2016 and 2019, the program raised approximately US$17.5 billion in EB-5capital, out of US$75.2 billion in total project investment.

E

Economic impact

The program is estimated to have created approximately 1.7 million jobs and contributed approximately US$184 billion to U.S. GDP.

F

Bipartisan consensus

The RIA was the result of years of collaboration between Senator Chuck Grassley and former Senator Patrick Leahy.

Source for the economic impact figures: IIUSA
06Minimum investment rules

EB-5 minimum investment amounts and the January 1, 2027 adjustment

Project type Current minimum investment
Projects in a TEA or qualifying infrastructure projects US$800,000
Standard minimum investment US$1,050,000

The RIA codified an automatic inflation adjustment to these amounts, taking effect January 1, 2027 and recurring every 5 years.

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DHS has not yet officially announced the investment amounts that will apply from 2027

Based on the statutory formula and available inflation data, the TEA investment amount is projected at approximately US$900,000 or higher. This is an estimate, not a figure confirmed by the U.S. government. 900.000 USD

October 1, 2026 – December 31, 2026
The program remains in effect, and the minimum investment for TEA projects remains US$800,000. The only difference is that petitions filed during this period no longer have grandfathering protection.
07Practical considerations

Filing after September 30, 2026: where you actually stand and misconceptions to avoid

What does not change
  • ✓The program remains in effect through September 30, 2027.
  • ✓Petitions filed on or after October 1, 2026 still fall within the program's current authorization period.
  • ✓Petitions filed in the final 3 months of 2026 remain subject to the current minimum investment amounts.
  • ✓Over more than 30 years, the program has been maintained while being progressively reformed and refined.
Misconceptions to avoid
  • ✕Petitions filed after September 30, 2026 are still grandfathered if the program is not reauthorized when its current authorization ends on September 30, 2027.
  • ✕The investment amount will stay the same after January 1, 2027.
  • ✕Adjudication standards and transparency requirements will stay the same.
  • ✕The program is certain to be reauthorized.
!

The EB-5 opportunity does not end on September 30, 2026. What changes is that investors need a clearer understanding of the type of risk they are taking on, when they expect to file, and the potential increase in investment amounts from 2027.

September 30, 2026 does not end the EB-5 program and does not take away your right to file. It only determines which petitions are protected by grandfathering if the Regional Center Program is not reauthorized when its current authorization ends on September 30, 2027.

Each petition is affected differently, depending on when the investor can actually file and how complete that petition is.

This page provides general information about the EB-5program, based on U.S. legal provisions in effect as of September 7, 2026. It is not legal advice for any specific case, does not replace the advice of a licensed U.S. immigration attorney, and makes no recommendation on any investment decision or filing date. Rules, policies, and how the program is administered may change. The investment amounts from January 1, 2027 are estimates and will change once the relevant authorities announce official figures.

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