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March 19 2018

Breaking: EB-5 Program Likely To Be Extended

The news from Washington, DC is that the latest attempt to change the current EB-5 law to increase the minimum investment amount from $500,000 to $925,000 and make many other changes to the EB-5 visa program has failed.  A revised bill also will not be considered and the current law will be extended to September 30, 2018 with the continuing resolution, which is expected to pass by March 23, 2018.

It is always possible that the senators will come to a last-minute compromise on a bill, but this appears unlikely. 

Now there will be pressure on the USCIS to issue new EB-5 regulations, which may increase the investment amount substantially.