“The Distortion of EB-5 Targeted Employment Areas: Time to End the Abuse.” Was a hearing held by the senate judiciary committee on 13th April 2016

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Due to the government’s proposals about the need of reformation to the EB-5 program in the USA; on 13th April 2016 a conference involving a panel of major EB-5 experts took place in Washington to treat certain issues within the program that need reformation.

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The Middle East is the second-biggest source of the EB-5 immigrant entrepreneur or investor visa category.

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It is fundamental to compare two of the most favored programs recognized globally for those interested individuals whom wish to opt for business immigration, the QIIP and EB-5.

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Under the range of the U.S. Department of Treasury, the U.S. Office of Foreign Assets Control (OFAC) takes responsibility in the trade and economic sanctions administration.

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As of 22nd February 2016, the National Visa Center (NVC) has introduced an Investor Assistance Desk for EB-5 investors that hold certified I-526 petitions.

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After long negotiations between the congressional staff and industry leaders, the EB-5 regional center program extension was finally approved again by the congress and signed by the president for one more year, until September 30th 2016

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