Understanding the EB-5 Program Extension

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The good news is that Congress has passed a Continuing Resolution (CR) to continue funding for selected federal or federally-subsidized programs.

The better news is that the EB-5 Regional Center Program was one of the programs.

The bad news is that nothing substantial has been done to address either making the program permanent or modifying any parts of the program.

Keep in mind that Congress has not yet voted on any bill specific to EB-5. The Continuing Resolution was a catch-all of convenience to prevent a government shutdown. The CR has kicked the issue of government funding down the road to December 11, 2015.

– See more at: http://www.datsyn.com/article/4712/2015/10/05/Understanding-the-EB-5-Program-Extension#sthash.oDpxzMo0.dpuf