As expected on Thursday December 7 , 2017 the Congress voted to extend federal funding and many government programs, including EB-5 program . Both the U.S. House of Representatives and the Senate passed a Continuing Resolution that will leave the EB-5 Regional Center Program operational – and without changes to its provisions – through December 22 , 2017.
The CR now goes to the president's desk for signature. He is expected to sign the extension.
Since 2008, $21 billion in EB-5 investment has supported over 560 projects in 36 states and territories in diverse industry sectors that are transforming regional economies and supporting over half a million American jobs. All at no cost to the taxpayer. EB-5 is essential to the U.S. economy as it has proven to be a vital capital source for economic development.
Investors seeking EB-5 immigration should strongly consider filing before December . 22. We will keep you updated with further developments.
Contact us today to discuss immigration through investment options in the U.S., Canada, EU and the Caribbean and beyond.
Feel free to fill out our Free Assessment, and find out if you qualify under any of the business immigration programs offered.