Monday, October 3, 2016

EB-5 Program likely to be extended in December

Congress extended the EB-5 Regional Center Program last week to December 9th. The two month extension will give Congress more time to negotiate new EB-5 legislation and long term extension. The EB-5 Regional Center Program has changed drastically over the past two years when Congress first started to consider changing current EB-5 legislation. The industry is consistently growing and it is in the best interest of each Senator's and Congressman's district to extend EB-5 Program long term. We expect there to be more negotiations during the next two months and for the EB-5 Regional Center Program to be extended before December 9th deadline. 

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