Senator Rand Paul (R-KY) officially announced his bid for the 2016 GOP presidential nomination on April 7. The announcement kicked off a multi-day campaign trail winding through Iowa, New Hampshire, South Carolina, and Nevada, but Senator Paul has already been making appearances across the country in 2015. In January, he joined the 2015 Las Vegas EB-5 Conference hosted by EB5 Investors Magazine and EB5Investors.com, where he delivered a keynote speech to EB-5 stakeholders, vocalizing his support for the program.
The conference was inaugurated by Senator Paul’s keynote address over breakfast with more than 400 EB-5 stakeholders present. Senator Paul expressed support for the EB-5 program and underscored the need for program reformation through legislation, and mentioned the possibility of supporting legislation that may expand the EB-5 visa quota. Senator Paul also pointed to the growing importance of programs such as EB-5, which stimulates the U.S. economy by creating jobs.
The conference also featured Congressman Jared Polis (D–CO) as keynote speaker, who expressed similar enthusiasm for the EB-5 program in his own speech. He stressed the need for EB-5 stakeholders to become involved in the legislative process, and the corresponding need for legislation that would improve the EB-5 program, rather than stunt its potential. Congressman Polis and Congressman Mark Amodei (R–NV) recently introduced the American Entrepreneurship and Investment Act of 2015 on January 28, 2015 – a bill that would make the Regional Center Pilot Program permanent, among other initiatives.
The keynote speeches from Senator Paul and Congressman Polis, along with bipartisan bills like the American Entrepreneurship and Investment Act of 2015, show that the EB-5 program has widespread support across the political spectrum. The crowd was comprised of real estate developers, regional centers, immigration attorneys, service providers, migration agents, and others, hailing from all across America and abroad.