Great News for all EB-5 Investors Waiting for Regional Center Program Reauthorization
The EB-5 Reform and Integrity Act of 2022 (“Act”) was passed by Congress and signed by President Biden on March 15, 2022. Most of the provisions of the Act will become effective 60 days from enactment, which will be the middle of May. The Act includes many changes to the EB-5 immigrant visa category, which […]
Update on the EB-5 Immigrant Investor Program
The EB-5 Immigrant Investor “Regional Center” Program (“Program”) lapsed on June 30, 2021 due to the failure of the U.S. Congress to extend or reauthorize it before that date. Congress has not yet passed a law to reauthorize the Program. As a result, any investor and family members who do not already have immigrant visas […]
The EB-5 Regional Center Program Will Lapse on June 30, 2021
The EB-5 Immigrant Investor “Regional Center” Program (“Program”) will lapse on June 30, 2021 due to the failure of the U.S. Congress to reauthorize or extend it before the expiration date. Because the Senate has adjourned for recess until July 12, 2021, the Program will remain unavailable as no legislation to reauthorize the Program will […]