Breaking EB-5 Alert: EB-5 Regional Center Program Extended
In a late-night vote, the House and Senate passed and sent to the White House a continuing resolution that prevented a government shutdown and extended the EB-5 Regional Center Program until January 19, 2018. As the Norris McLaughlin & Marcus Immigration Blog reported, the EB-5 Regional Center Program was set to end at the stroke of midnight December 22, 2017.
This is only a temporary fix, pushing off any long-term resolution to the EB-5 Investor Visa Program for just a few weeks. EB-5 Industry Leaders have raised concerns about the many unanswered questions, and whether the program is going to be dependent on Washington, DC, negotiations every few weeks.
Please check back during the next few weeks for updates on a reauthorization of the EB-5 Immigrant Investor Regional Center Program in the coming year. To learn more about this or any other immigration matter, feel free to contact me, Raymond G. Lahoud, at rglahoud@nmmlaw.com.
http://www.nmmlaw.com/ib/2017/12/22/breaking-eb-5-alert-eb-5-regional-center-program-extended/
Securities Disclaimer
This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.