EB-5 Investor Visa Program Extended Until December 7th, 2018
Please be advised that the EB-5 Immigrant Investor Pilot Program has been extended by President Trump, who signed a spending package including a short-term continuing resolution (CR) – this extends federal government funding for the program through December 7th, 2018. Included in the deal is a clean reauthorization of the entire EB-5 Immigrant Investor Pilot Program, extending the Regional Center Program as well, through December 7, 2018. There are absolutely no changes to the program at this time, and investment amounts of $500,000 for Regional Centers, and $1 Million for Direct Investments, remain the same.
We advise any current or future clients interested in investing in the United States to work with us to complete their EB-5 petitions no later than December 6th, 2018. It is most likely that investment amounts will rise during the next extension.
Clients are advised to keep these dates and the possible investment amounts increases in mind when considering their immigration plans.
If you have any questions, please do not hesitate to contact us about the pending legislation related to the EB-5 investment program.