December 9 2015

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...

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December 5 2015

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...

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December 2 2015

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...

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November 21 2015

EB-5 Regional Center Extension Bill Update

Someone once said, “Laws are like sausages – it is better not to see them being made.” As the December 11th deadline for the expiration of the current EB-5 Regional Center program approaches, the final provisions of the EB-5 extension bill are still unknown. Congress is working on the bill and...

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November 12 2015

U.S. Department of State December 2015 Visa Bulletin

The Department of State has released the upcoming visa bulletin for December 2015. Click on the link below to access the current and upcoming bulletins.

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