The EB-5 Visa Program is Renewed Until December 11!

On September 30, 2015 the U.S. Congress temporarily extended the EB-5 Program until December 11, 2015 while they review proposed changes to the program. Some of the proposed changes include raising the minimum investment amount to $800,000 and rewriting a definition of a Targeted Employment Area, which can mean significant limitations on locations that will qualify for an investment at the minimum amount.

Investors have less than 10 weeks to qualify for a $500,000 investment amount

Investors should keep in mind that they have less than 10 weeks to invest and file applications, in order to qualify for the $500,000 minimum investment amount. It is also possible that Congress will implement the changes even before December 11, 2015.

US Chamber of Commerce President & CFO writes a support letter to Congress for the EB-5

US Chamber of Commerce President & CFO writes a support letter to Congress for the EB-5 Program:http://thehill.com/opinion/op-ed/253896-eb-5-program-is-smart-government-policy   The EB-5 Program 2013 Economic Report is Ready! The EB-5 Visa program contributed 3.68 Billion dollars to the U.S. GDP in year 2013 and created 41,000 new jobs that same year!!!! #EBFiveIsWorking  EB-5 Visas through Regional Centers! https://iiusa.org/blog/wp-content/uploads/2015/05/Economic-Impacts-of-the-EB-5-Immigration-Program_2013_FINAL-web.pdf?utm_source=weekly+5-22&utm_campaign=Weekly+Report+9-16&utm_medium=email