Will EB-5 be reauthorized on January 19, 2018?
Will EB-5 be reauthorized for the long term? What does the visa program's future hold?
It appears that EB-5 will be reauthorized with the Continuing Resolution, a measure to provide government funding. Without it, the government will shutdown. The stop-gap measure is expected to extend the funding through February 16.
What does this mean for the future of EB-5? At the moment, Congress has a lot on their plate with immigration issues. This extension likely will not include any reforms to the EB-5 Program, however, we may see reforms and a long-term authorization in the near future.
For more information about the EB-5 Program, send us a message.
Click here to learn more about how to get started applying for EB-5. One reform that is expected in 2018 is an increase in the minimum investment amount required. For this reason, there is a great rush to invest in the EB-5 Program before the sunset date on January 19, 2018.
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