The U.S. EB-5 program could see investment thresholds rise after new legislation was introduced in the House of Representatives on Tuesday.

The American Job Creation and Investment Promotion Reform Act calls for a raft of changes, including raising the threshold to $800,000 or $1.2 million depending on the class of investment.

Currently, the thresholds are $500,000 for investment in targeted employment areas (or regional centres) and $1 million for a general area of business.

The program grants conditional permanent residence in return for the investment, provided at least 10 jobs are created.

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