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What would happen with pending investors if the EB-5 program is not reauthorized?

What are the chances of the EB-5 regional center program reauthorization bill not getting passed? Can investors expect a temporary extension or will they lose immigration benefits?

Answers

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    Salvatore Picataggio

    Immigration Attorney
    Answered on

    Depends on where you are in the process. You will see that the visa bulletin will mark EB-5 visas as unavailable.

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    Phuong Le

    Immigration Attorney
    Answered on

    Those cases would likely be denied. However, the likelihood of this happening are slim as long-term reauthorization is in everyone''s best interest (that and the House just introduced legislation to do exactly that).

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    Lynne Feldman

    Immigration Attorney
    Answered on

    I would expect if not re-authorized, anyone who has already invested and filed will have their case adjudicated as per the rules in effect at the time of filing.

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    Bernard P Wolfsdorf

    Immigration Attorney
    Answered on

    There are a lot of scare tactics about not being authorized but the chances of that happening are extremely remote.