Senate and House Pass Continuing Resolution Bill; EB-5 extended through December 9th, 2016

Summary

The EB-5 program has been exteneded through December 9th, 2016.

October 7th, 2016


On September 28th, the Senate and House of Representatives passed a federal spending bill, preventing a government shutdown. This bill also contained legislation on the EB-5 immigrant investor visa program, which will be extended through December 9th, 2016 with no changes to the program.

After the upcoming presidential elections, Congress will convene again in December to discuss the EB-5 program and possible changes to it. As we have seen in the past few months, the program is expected to see large reforms to meet industry demands. Stay here for all the latest updates and follow us on Twitter @eb5ww for everything EB-5 and immigration.