EB-5 Program Is Extended Without Changes Until December 8, 2017

On September 8, President Trump signed into law H.R. 601 which will keep the U.S. federal government open through December 8, 2017.  As a result, the EB-5 Regional Center Program is now extended until such date without any changes. 

We expect that the coming months will see Congressional action to reach consensus legislation to reform the EB-5 Regional Center Program, as the U.S. Congress turns its attention to immigration issues during this time.  There is also the possibility that the Department of Homeland Security would continue to pursue the proposed regulations published earlier this year increasing the amounts of investment and making other potential changes to the program.

The Cozen O’Connor EB-5 team will continue to follow any proposed legislation affecting the EB-5 Regional Center Program in the weeks to come.

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About ABCs of Immigration Law
The global economy has become increasingly transactional and transcontinental. Since 9/11, there have been many amendments to immigration laws in the United States that have largely affected both individuals and businesses. Cozen O'Connor's immigration law blog, ABC's of Immigration Law, focuses on the interests and the challenges faced by those individuals and business impacted by immigration laws.
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