ARTICLE
22 January 2018

Government Shutdown Triggers EB-5 Regional Center Program Lapse

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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.
A continuing resolution that would have funded the U.S. government and extend several immigration programs until February 16 has failed in the Senate.
United States Immigration

A continuing resolution that would have funded the U.S. government and extend several immigration programs until February 16 has failed in the Senate. Nonessential government services have shut down as of 12 AM January 20, triggering a severe impact on immigration programs and processes. Please see our post from earlier today for a full discussion of programs and processes affected. Importantly, the EB-5 Regional Center program has lapsed.

Last April, we covered how USCIS would handle an EB-5 RC Program lapse, and present that post for our readers' review tonight.

Note that the lapse in the Regional Center program will have no effect on:

  • Forms I-526 filed without a Regional Center (direct EB-5 filings);
  • Investors who have already achieved conditional permanent resident status; or
  • Any Form I-829 filings, whether or not filed based on a Regional Center investment.

We will continue to provide coverage as events unfold. The situation remains very fluid as negotiations continue overnight. The program could be revived at any time.


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