(Source: The National Real Estate Investor) This week, Congress extended the EB-5 investor visa program in its current form through September 30, 2017, as part of the new government budget deal. After about two years of re-enacting the program
as-is, sources say there are now genuine efforts afoot to reform it
sooner than later. Minimum investment amounts, stricter oversight and
reclassification of targeted employment areas (TEAs) are on the debate
agenda. Longstanding visa-processing inefficiencies within the EB-5
program also need attention. See the report at http://www.nreionline.com/investment/