Unleashing the economic and job creation benefit of EB-5

2020/05/12 2:52am

Washington has been busy considering how to use immigration policy as a tool in the midst of the current COVID-19 crisis. The flurry of immigration-related activity includes:

a report that a coronavirus stimulus bill could include EB-5 visa relief (the report was contradicted, but not before spurring negative press) President Trump’s first executive order “Suspending Entry of Immigrants Who Present Risk to the U.S. Labor Market During the Economic Recovery” (with EB-5, the job-creating EB category, naturally among the exceptions) the proposed Healthcare Workforce Resilience Act to recapture previously unused visas and disregard the per-country cap specifically for healthcare workers

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