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
Raymond Lahoud
Find an EB-5 Visa Lawyer: Immigration AttorneyIf the EB-5 program is not reauthorized, there will be concerns related to pending applications. Our understanding is that those that are pending would be grandfathered.
Salvatore Picataggio
Find an EB-5 Visa Lawyer: Immigration AttorneyDepends on where you are in the process. You will see that the visa bulletin will mark EB-5 visas as unavailable.
Bernard P Wolfsdorf
Find an EB-5 Visa Lawyer: Immigration AttorneyThere are a lot of scare tactics about not being authorized but the chances of that happening are extremely remote.
Lynne Feldman
Find an EB-5 Visa Lawyer: Immigration AttorneyI 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.
Phuong Le
Find an EB-5 Visa Lawyer: Immigration AttorneyThose 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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