Since the EB-5 was expired on 6/30/2021, many investors are expecting to see EB-5 be reauthorized with the budget bill. However, given there is no update about reforming the EB-5 Regional Center program, how likely is it that EB-5 will be reauthorized by Sept. 30? If not, what are the alternative outcomes in the future of EB-5?
Any opinion is welcomed and appreciated!
Answers
Lynne Feldman
Find an EB-5 Visa Lawyer: Immigration AttorneyNo idea - all political but private projects are approvable even now.
Raymond Lahoud
Find an EB-5 Visa Lawyer: Immigration AttorneyAs of now, I cannot provide an accurate assessment as to what will be included in the September 30th budget bill, including whether the EB-5 regional center program will be reauthorized. Another possibility is a direct investment project.
Bernard P Wolfsdorf
Find an EB-5 Visa Lawyer: Immigration AttorneyWe have had 30 extensions since 1993 and my belief is that the program will be extended by October 1, although it may be another short extension. Legislation is a complex process but I am confident we will see another extension relatively soon.
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