UPDATED: Congress Ready to Punt EB-5 Regional Center Extension to Next Week, But Shutdown and Lapse Still Looming

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Green and Spiegel LLP

Contributor

Green and Spiegel is one of the world's oldest immigration law firms, with over 60 years of experience assisting a global clientele. Focusing exclusively on immigration law, the lawyers at Green and Spiegel provide a broad range of immigration services to individual, institutional, and corporate clients in Canada, the United States, and Europe.
EB-5 stakeholders are abuzz today with news that the Regional Center program will be extended through May 5, 2017 with a clean CR unveiled late yesterday.
United States Immigration
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April 27, 2017 - EB-5 stakeholders are abuzz today with news that the Regional Center program will be extended through May 5, 2017 with a clean CR unveiled late yesterday.  However, as we discussed earlier, unrelated issues are still affecting legislative compromise to keep the U.S. government open (and thus the Program ongoing) as Democrats may provoke a shutdown in opposition to a planned health care vote.

The situation remains very fluid and we encourage our readers to check back in with us frequently here at the Immigrant Investor Blog and on Twitter over the next 36 hours.

Update (12:30pm 4/28): The Republicans have backed away from the planned healthcare vote and the 7-day extension passed the House with an overwhelming majority. The bill now heads to the Senate, where it is expected to pass.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

UPDATED: Congress Ready to Punt EB-5 Regional Center Extension to Next Week, But Shutdown and Lapse Still Looming

United States Immigration

Contributor

Green and Spiegel is one of the world's oldest immigration law firms, with over 60 years of experience assisting a global clientele. Focusing exclusively on immigration law, the lawyers at Green and Spiegel provide a broad range of immigration services to individual, institutional, and corporate clients in Canada, the United States, and Europe.
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