Saturday, October 1, 2016

Congress puts EB-5 reforms on hold

(VTdigger.org) Congress has extended EB-5 immigrant investor legislation for at least a couple of months, shelving a proposal aimed at reforming the program at the center of the biggest alleged fraud case in Vermont’s history. The status quo keeps investors in defrauded projects in limbo as they seek permanent U.S. residency through the program. See report at http://vtdigger.org/