The U.S. EB-5 investment immigration program has been granted a further temporary extension, this time until December 8, 2017.
The extension of the program was part of the Continuing Appropriation Act signed into law by President Donald Trump during September. Had the act not been signed, the previous temporary extension would have expired on September 30, 2017.
Despite several calls for the EB-5 program to undergo major changes, and others for it to be scrapped altogether, the status quo of continuing temporary extensions remains.
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The content of this article reflects the personal insight of Attorney Colin Singer and needs no disclaimer.