Month: March 2018

RC Program Extension to 9/30/2018

Friday, March 23, 2018 On Friday, March 23, 2018, proposed Omnibus bill (Consolidated Appropriations Act, 2018) has passed by Congress and signed into law by President Trump. The Omnibus bill 2018 extended the current EB-5 Program until September 30, 2018. Earlier in March, IIUSA actively worked with Congress leaders and a group of industrial organizations… Read more »

IIUSA issued Statement on Lost Opportunity for long-term EB-5 Extension

Wednesday, March 21, 2018 On March 20, 2018, Invest in the USA (IIUSA) issued a statement (https://iiusa.org/blog/iiusa-statement-missed-opportunity/)on the United States EB-5 program’s failure to receive bicameral support and would not be included in the upcoming federal funding bill, which Congress must pass by this Friday March 23. The possible inclusion of program reform and long-term… Read more »

Proposed EB-5 Reform Act

Thursday, March 8, 2018 This month, members of Congress made a draft proposal to reform the EB-5 Program. The proposals, called the Immigrant Investor Visa and Regional Center Program Comprehensive Reform Act (EB-5 Reform Act), if passed, would be included with the government-spending bill on March 23. Important aspects of the draft of the EB-5… Read more »