Last week, QICMS posted a blog announcing a week-long temporary extension of the U.S. EB-5 Immigrant Investor Program to May 5, 2017. While many stakeholders expressed concern about whether or not it would finally expire after the new May 5 deadline, U.S. Congress announced on Thursday the extension of the EB-5 Program to September 30, 2017.

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As of Friday on April 28, 2017, the United States Congress granted the U.S. EB-5 Immigrant Investor Program a temporary extension—but only for one week. What is known about the Congressional decision to provide a temporary lifeline to the EB-5 Program is that the federal funding needed to sustain it will effectively run out once again on May 5, 2017, unless the U.S. government issues another continuing resolution.

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Since 1992, the U.S. EB-5 Immigrant Investor Program has contributed to the overall GDP in the U.S. ranging in billions, but as of Friday, April 28, 2017, it’s set to expire once again unless U.S. Congress issues another continuing resolution. For foreign investors and entrepreneurs, business immigration to the U.S. remains of high interest, even with the program’s looming expiration date.

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In our last blog, we discussed the types of documents and information EB-5 applicants must prepare prior to completing their U.S. Consulate interview. However, pre-interview preparation is only half the battle—you and your family must still be interviewed by a U.S. Consular officer. This blog outlines the process of an EB-5 Consulate interview, including general questions you will be asked and what else EB-5 applicants might expect.

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When it comes to you and your family’s EB-5 U.S. Consulate interview, preparing all the necessary documents and information ahead of time increases your chances of success for immigration. Even more, making sure you follow the instructions provided by the U.S. Consulate will help decrease the chance of delay or denial of your immigration visa.

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One of the most common questions asked is what the differences are between Canadian Permanent Residency (PR) and a U.S. Green Card offered through the countries’ immigration programs. So much of these answers depend on your targets. You do have to think about the difference in culture, your preferences as far as where you’d like to live, and how you feel you could best gain personal victory.

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The U.S. EB-5 Immigrant Investor Program will likely see a greater spike in inquiries and application submission from wealthy Arab nationals before the program is scheduled to end next month, and the window of opportunity for obtaining a U.S. Green Card is closing fast.

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