S. 3245 WAS SIGNED INTO THE LAW BY PRESIDENT OBAMA ON FRIDAY, SEPTEMBER 28TH, 2012. THE VISA EXTENDS THE EXPIRATION DATES OF THE EB-5 REGIONAL CENTER PROGRAM, THE SPECIAL IMMIGRANT NON-MINISTER RELIGI

On September 28, 2012, President Obama signed into law an extension of several important immigration law programs.

The EB-5 Regional Center Program, similar to the EB-5 Investor Program, enables stimulation of the U.S. economy by overseas investors, the difference being that the EB-5 Regional Center Program is provided for by "The Immigrant Investor Pilot Program" through investments that are affiliated with an economical unit known as a "Regional Center". Under the main EB-5 Investor Program, minimum investment of $1 million dollars is required. However, under the Regional Center Program, minimum investment of $500,000 is required. In both cases, job creation of at least 10 U.S. workers is required. EB-5 Program, which was scheduled to expire on September 30, 2012, has been extended to September 30, 2015.

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