by McKenzie Penton | Mar 10, 2022 | Government Affairs, Research & Analysis
SUMMARY of new EB-5 Reform Bill Destined for Omnibus by March 11, 2022 by Robert Divine, Shareholder, Baker Donelson March 10, 2022 Last night (March 9, 2022), the House of Representatives passed an omnibus spending package that included an EB-5 bill that provides a...
by McKenzie Penton | Mar 9, 2022 | Government Affairs
EB-5 Regional Center Program Is Set to Be Reauthorized for 5 Years as Final Steps Take Place in the Legislative Process At approximately 3:00 AM ET today (March 9th), the U.S. House of Representatives filed the omnibus spending bill (full text here) that will avoid a...
by McKenzie Penton | Mar 8, 2022 | Government Affairs
A recent article in the Buffalo News highlights the profound impact the EB-5 Regional Center Program has had in Buffalo and the surrounding communities and advocates for its prompt reauthorization by Congress. The article specifically notes the “74 million to...
by McKenzie Penton | Feb 28, 2022 | Events, Government Affairs
IIUSA is excited to announce that Charlie Oppenheim, Former Chief of the U.S. Department of State Visa Control Office, will join this year’s EB-5 Industry Forum as a speaker. While happily enjoying retired life, Mr. Oppenheim was the man behind the Department of...
by McKenzie Penton | Feb 21, 2022 | Government Affairs
A group of current EB-5 regional center investors has filed a lawsuit against U.S. Citizenship and Immigration Services (USCIS). The investors who applied prior to the EB-5 lapse in June 2021 argue that the Immigration and Nationality Act requires USCIS to process...
by McKenzie Penton | Feb 17, 2022 | Government Affairs
Earlier this evening, the Senate passed a “continuing resolution” (CR) to keep the U.S. government-funded and operational until March 11. The President is expected to sign the legislation into law this evening. The CR was again “clean,” meaning it included few...