What happens with pending EB-5 applications if the EB-5 program is not reauthorized in June? - EB5Investors.com

What happens with pending EB-5 applications if the EB-5 program is not reauthorized in June?

If the EB-5 regional center program is not authorized further, how will current pending applications be impacted?

Answers

Lynne Feldman

Lynne Feldman

Find an EB-5 Visa Lawyer: Immigration Attorney
Answered on

Generally, assumed cases already on file when it was authorized would be adjudicated, but so far the program has always been re-authorized even though they often wait until the last minute to do so. Send a note to your Congressperson to re-authorize this; Senator Leahy usually pushes this hard as I believe he was an original author.

Phuong Le

Phuong Le

Find an EB-5 Visa Lawyer: Immigration Attorney
Answered on

That would be the doomsday scenario. They would basically be denied. Needless to say, re-authorization is critical for the industry and our clients.

Bernard P Wolfsdorf

Bernard P Wolfsdorf

Find an EB-5 Visa Lawyer: Immigration Attorney
Answered on

It has been renewed over 15 times but if not, the persons who have already landed will be fine, those that have not been approved for a conditional green card may be in trouble.

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