News & Analysis as of

EB-5 Time Extensions

Burr & Forman

The Shutdown: USCIS and E-Verify

Burr & Forman on

The current government shutdown does not affect the vast majority of USCIS’s activities. Their offices are open, and interviews and appointments are proceeding as normal. USCIS continues to accept petitions and applications...more

Whitman Legal Solutions, LLC

Donations to Support the Arts and EB-5 Investments to Create US Jobs

The United States Citizenship and Immigration Services (USCIS) oversees a program, known as the EB-5 Immigrant Investor Program (EB-5 Program), which encourages foreign entrepreneurs to invest in commercial enterprise in the...more

Bilzin Sumberg

EB-5 Program Extension Allows Developers More Time to Obtain Financing

Bilzin Sumberg on

Last week H.R.1625 – Consolidated Appropriations Act, 2018 was enacted. The Act includes a continuation of funding, until September 30, 2018, for the EB-5 Regional Center Program. ...more

Mintz - EB-5 Financing Viewpoints

Government Shutdown Ends – Is Immigration Reform on the Horizon?

Three days into the government shutdown, Senate Majority Leader McConnell (R-KY) and Senate Minority Leader Schumer (D-NY) took to the Senate floor Monday afternoon to announce an agreement to end the impasse and reopen the...more

Cozen O'Connor

Continuing Resolution extends EB-5 Program until January 2018

Cozen O'Connor on

As expected, the House and the Senate passed a Continuing Resolution (the “CR”) last week which extended the Federal budget until January 19, 2018. It is expected that the President will sign the CR. This new short-term...more

Mintz - EB-5 Financing Viewpoints

EB-5 Program Extended to January 19, 2018

With just hours to spare in order to avoid a government shutdown, the House and Senate approved on December 21 a short-term continuing resolution (CR) funding federal activities through January 19. The CR was approved in the...more

Polsinelli

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

Polsinelli on

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

Goulston & Storrs PC

Extended Again: No Policy Changes for EB-5, For Now

Goulston & Storrs PC on

The EB-5 Regional Center Program has received yet another extension, this time through September 30, 2017. The Program has been similarly extended, with no change in policy, on multiple occasions since its previously...more

Goulston & Storrs PC

Update: EB-5 Program Receives Another Short-Term Extension

Goulston & Storrs PC on

On December 9, 2016, as part of federal spending legislation, the EB-5 Regional Center Program received a short-term extension through April 28, 2017. The Program has been similarly extended, with no change in policy, on...more

Goulston & Storrs PC

Update: EB-5 Regional Center Program Receives Short-Term Extension

Goulston & Storrs PC on

On September 29, 2016, as part of recently enacted federal spending legislation, the EB-5 Regional Center Program received a short-term extension through December 9, 2016. The Program has been similarly extended, with no...more

Holland & Knight LLP

West Coast Real Estate Update: October 2016 #2

Holland & Knight LLP on

California Legislature Revises De Minimis Exemption of Finance Lenders Law - Real estate projects that utilize federal New Markets Tax Credit (NMTC) financing recently received a reprieve from a state licensing...more

Ballard Spahr LLP

EB-5 Program Extended by Continuing Resolution to December 9 Without Changes

Ballard Spahr LLP on

The U.S. Immigrant Investor Program (EB-5) has been extended through December 9, 2016, following the recent signing of a continuing resolution to fund the federal government and avoid a shutdown. The EB-5 Program provides a...more

Blank Rome LLP

Congress Extends EB-5 Program without Changes until September 2016

Blank Rome LLP on

Action Item: The nine-month extension of the EB-5 Program provides a temporary reprieve to the real estate developer and foreign investor communities while Congress and industry groups grapple with a more comprehensive...more

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