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Senate Leaders Propose Significant Changes to the EB-5 Program: Big City Developers Are Likely to Rejoice

On November 5, 2019, Senators Rounds (R-SD), Graham (R-SC) and Cornyn (R-TX) introduced the Immigrant Investor Program Relief Act (S. 2778) (“Relief Act”). The Relief Act would extend the Immigrant Investor Program (known as...more

Modernization at Last: Insight to the Newly Published EB-5 Modernization Rules … Now the Race is On...

On July 23, 2019, United States Citizenship and Immigration Services’ (USCIS) regulations to update the Immigrant Investor Program were published in the Federal Register. The new EB-5 Immigrant Investor Program Modernization...more

OMB Completes Regulatory Review of EB-5 Immigrant Investor Program Modernization Rules: Final Reform Measures may be Published...

The Office of Management and Budget’s (OMB) Office of Information and Regulatory Affairs (OIRA) completed its review of United State Citizenship and Immigration Services’ (USCIS) proposed regulations to update the Immigrant...more

Continuing Resolution Would Extend the EB-5 Program to December 7

On September 27, 2018, the House of Representatives passed an $854 billion spending bill, H.R. 6157 - Department of Defense and Labor, Health and Human Services, and Education Appropriations Act, 2019 and Continuing...more

Congress Kicks the Can a Bit Further: The EB-5 Program Is Extended to September 30th

On March 23, 2018, Congress passed and President Trump signed the Omnibus Appropriations Act for Fiscal Year 2018 (the “Omnibus Act”), a $1.3 trillion spending bill, as federal funding and the EB-5 program were due to expire....more

What’s Next for the EB-5 Program?

Congress recently passed and President Trump signed a comprehensive two-year defense spending budget agreement for fiscal years 2018 and 2019 to prevent an extended federal government shutdown. The legislation also contained...more

EB-5 Immigrant Investor Program: Following Extension, Next Decision Looms

As part of the two-week spending bill that avoids a government shutdown, the Immigrant Investor Program known as EB-5 is extended unchanged through Dec. 22. Without much buzz on Capitol Hill to suggest the imminent release of...more

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