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EB-5 Regional Center Program Extended With $500,000 Investment Amount

I am pleased to report that Congress approved, and President Obama signed into law, today an extension of the EB-5 regional center program until September 30, 2016, under the existing requirements, namely that the minimum required investment amount will remain $500,000. Since the previous expiration date of December 11, 2015, Congress has extended the program through December 22, 2015, with two brief extensions of 5 days and 6 days, respectively, and then passed this morning the above-mentioned extension through September 30, 2016, which President Obama has signed into law.

Members of Congress will continue to debate changes to the program, such as increasing the investment amount, as well as measures to increase the effectiveness and integrity of the program. However, there are strong differences of opinion among Members of Congress on how to accomplish these goals, and so they remain unable to reach agreement. This is good news for those of us who do not want drastic changes to the program, especially not to the minimum required investment amount.

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Anthony Olson, P.A. - Sarasota Immigration Attorney 
2020 Cattlemen Road, Suite 100, Sarasota, FL 34232 See map 
Telephone:  +1 (941) 362-7100 
Website address: http://www.immigrationvisausa.com/ 
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