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EB-5 News & Updates March 22-29

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Omnibus Appropriation Legislation with EB-5 Extension Becomes Law
Today, President Trump signed the Omnibus Appropriations Act for Fiscal Year 2018, that includes an extension of the EB-5 program until Sept. 30, 2018, along with the Conrad 30 program for foreign doctors and the Special Immigrant...
DACA left out of omnibus, limbo continues
Congress has once again put off action on immigration, as it prepares to vote Thursday on what will likely be the last piece of major legislation it tackles before the midterm elections without a solution for the Deferred Action for...
State Department Provides Update Regarding Retrogression for Vietnam
The Department of State (DOS) has informed EB-5 stakeholders that retrogression of the EB-5 category in the chargeability area including Vietnam, is imminent; however, DOS is unable to provide specific dates of which priority dates will...

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User Updates
EB-5 gets yet another six-month extension
From left: Sen. Chuck Grassley, Jeff Blau, Nick Mastroianni Sen. Grassley said "moneyed" developers quashed reform The EB-5 visa program, heavily favored by New York developers as a way of raising cheap capital overseas, is headed toward another...
CN Global introduces NuRide Transportation Group
CN Global introduces NuRide Transportation Group in bringing the ground transportation industry into the 21st century through advanced structural and technological innovation. Based in New York City, NuRide fleets represent a vision for the...
Regional Center Updates
EB-5 fallout: Vermont wants what's left of Quiros' assets to salvage state's reputation
Gov. Scott and Michael Goldberg explain the recent EB-5 financial settlement at the Statehouse in Montpelier on Thursday, April 13, 2017. There's no getting around it — most of the investors who trusted Ariel Quiros and Bill Stenger with $500,000...
EB-5 fallout: Vermont wants what's left of Quiros' assets to salvage state's reputation
Gov. Scott and Michael Goldberg explain the recent EB-5 financial settlement at the Statehouse in Montpelier on Thursday, April 13, 2017. There's no getting around it — most of the investors who trusted Ariel Quiros and Bill Stenger with $500,000...

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