Was there an EB-5 Program extension?

On September 6, an EB-5 Program extension was added as a part of the new proposed package deal.

President Trump and Congressional democrats reached an agreement on a National Funding Package. As part of the package, the EB-5 Program will be reauthorized until December 8, 2017.

Both the House and the Senate voted to approve the package, which included a Continuing Resolution, Debt Extension, and funding for Hurricane Harvey relief.No EB-5 Program reforms were included in the bill. Some industry insiders believe that Congress is currently working on reforms for the EB-5 Program with the ultimate intension of making the EB-5 Program permanent.Why is an EB-5 Program extension important? The EB-5 Program boosts the U.S. economy through foreign investment and job creation. According to the U.S. Department of Commerce, the EB-5 Program has fueled billions of dollars of investment into the U.S. and has created hundreds of thousands of jobs for qualified U.S. workers since the program's inception in 1990.

Was there an EB-5 Program extension?

On September 6, an EB-5 Program extension was added as a part of the new proposed package deal.

President Trump and Congressional democrats reached an agreement on a National Funding Package. As part of the package, the EB-5 Program will be reauthorized until December 8, 2017.

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