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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 EB-5 statute is enacted sooner.

The treatment of I-526s and other applications filed since September 30th will depend on the final language of the new statute, which will not be certain for a few more days.

Regards,

Martin