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Tuesday, October 20, 2015

Temporary extension of EB-5 program

      In the beging of Ocober tHe Congress passed  the Continuing Resolution that includes a temporary extension of the EB-5 Regional Center Program. Although the extension allows the program to continue generating foreign direct investment and creating U.S. jobs through December 11 2015 it does not provide the investors with a long-term plan for EB-5 program. 
       Hopefully, in mean time the Congress will consider a long-term reauthorization bill that would make EB-5 program strong and be an integral part of the US immigration system that brings talented people to the US. 
       Members of Congress from both parties and both the House and Senate are negotiating in good faith to make it happened. 
       To check how EB-5 program is working now see http://www.iv-law.com/immigration-lawyer/green-card/eb-5-investor-green-card/.
        For the list of approved EB-5 Regional Centers go to
http://www.uscis.gov/working-united-states/permanent-workers/employment-based-immigration-fifth-preference-eb-5/immigrant-investor-regional-centers


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