EB-5 Regional Center Program Extended until December 8, 2017
On September 8, 2017, President Donald J. Trump signed H.R.601 - Continuing Appropriations Act, 2018 and Supplemental Appropriations for Disaster Relief Requirements Act, 2017, which concludes that all government functions are continued until December 8, 2017. The continuing resolution extends important immigration programs, including the EB-5 Regional Center Program.
This means that the EB-5 program which was set expire on September 30, 2017, the end of the federal fiscal year, is extended without reforms at this time. This extension now gives Congress more time to decide on possible regulatory changes, as well as a permanent solution for the EB-5 program.
Williams Global Law closely monitors all immigration-related development and changes. Based on our experience, we highly recommend those interested in the EB-5 program, to contact our attorneys as soon as possible, before any further changes occur.