News
Yahoo!! EB-5 Extension to September 30, 2016
To the surprise of most, Congress will pass a clean extension of the current EB-5 Regional Center program to September 30, 2016. For now, there will be no changes to the TEA rules, $500,000 investment amount or other EB-5 criteria. On April 27, 2015, Department of Homeland Security (DHS) Secretary Jeh Johnson...
U.S. Department of State January 2016 Visa Bulletin
The Department of State has released the upcoming visa bulletin for January 2016. Click on the link below to access the current and upcoming bulletins.
Flash News from Washington D.C.
I am told by two lobbyists in Washington D.C. that Congress will extend the current EB-5 statute to December 18th as part of the continuing resolution for the budget. This means we can continue to file I-526s and other applications under the current law until the 18th unless the new...
EB-5 Extension Bill Update
The EB-5 extension bill is working its way through Congress. Here is the latest: IIUSA (EB-5 Regional Center trade group) today agreed to support Senator Grassley’s latest bill. Others continue to fight for changes and a clean extension of the current law to September 30, 2016 with some modifications to the transparency requirements. One...
News on EB-5 Extension Bill
The news from Washington D.C. about the EB-5 regional center extension bill is inconsistent. Many are lobbying their Senators and Representatives. I took one regional center owner and a regional center developer to see Congresswoman Pelosi’s staff. We explained the shortcomings of the Grassley Bill. President Obama has signaled a willingness...