QICMS- Regional Centers 2

Congress Approves Short-Term EB-5 Extension

8 February 2018

On Tuesday February 6th 2018, by a vote of 245-182, the House approved its version of the fifth Continuing Resolution (5th CR), funding government operations and extending government programs, such as EB-5 program, until March 23 2018 . The bill now proceeds to the Senate for further consideration.

EB-5 immigrant investor program Processing Time Report

4 February 2018

EB-5 immigrant investor program is a United States immigration program that offers citizens of other countries the opportunity to seek permanent U.S. residency through job creation in the U.S. For investments in areas other than 'targeted employment areas,' the minimum amount of investment is US$1 million. Investments in 'targeted employment areas,' which include most regional center projects, can qualify with a minimum of US$500,000.

PRESIDENT TRUMP'S TRAVEL BAN AND EB-5

31 January 2018

The updated information doesn’t have any specific affects pertaining to the EB-5 visa program, unless the applicant is from the countries of Iran, Iraq, Libya, Somalia, Sudan, Syria, and Yemen . However, the travel ban’s increased scrutiny on foreign nationals still remains. EB-5 applicants can still expect further questioning and may also need to hand over their social media account information before given the chance of approval for their EB-5 visa.

Congress Passes Another (CR) EB-5 Extended to Feb.8th 2018

23 January 2018

By a vote of 266-150 on January 22th 2018 (three days after the previous extension deadline of midnight on January 19th ), the House passed the Senate amendment, extending Continuing Appropriations for government services and programs to February 8th 2018. The bill now goes to the president who is expected to sign it into law.

USA (EB-5) Immigrant Investor Program Extension Resolution

18 January 2018

The (EB-5) Regional Center Program is set to expire on January 19, 2018. There has recently been proposed legislation to extend the EB-5 Program to February 16th 2018 . We will provide an update as soon as the CR has passed and been signed.

What is the Future of EB-5 Regional Center Program in 2018

21 December 2017

On December 13, 2017, the House Appropriations Committee introduced a Continuing Resolution that would for the short term extend federal funding and maintain current federal operations (currently authorized to December 22) until January 19, 2018. Although the provisions do not state EB-5per se, it is highly possible that EB-5 will hitchhike the CR and get another short extension to next year.