EB-5 Regional Center Program is Extended, Senate Bill Proposes Making Program Permanent

Jim Butler | October 5, 2015

By Jim Butler and the Global Hospitality Group® 05 October 2015 We are pleased that the Continuing Resolution passed by Congress includes a temporary extension of the EB-5 Regional Center Program. This extension allows the program to continue generating foreign direct investment and creating U.S. jobs through December 11, 2015. In addition to extending the current program to December 11, this will also provide additional time for Congress to consider a long-term reauthorization bill that would include reform measures to strengthen federal oversight and the integrity of the program. Members of Congress from both parties and both the ...