Webinar: The New EB-5 Regional Program – A Comprehensive Update

Apr 5, 2022 | Investor Visas, Video Resources

In this pre-recorded webinar, WR Immigration’s Managing Partner Bernie Wolfsdorf explains the new EB-5 Regional Program alongside Partner Vivian Zhu who provides a Chinese translation.

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10 Things to Know About the New EB-5 Reform Act

By:  Wolfsdorf Rosenthal LLP On March 8, 2018, a draft of the EB-5 Immigrant Investor Visa and Regional Center Program Comprehensive Reform Act (the “EB-5 Reform Act”) was released.  This new proposal is similar to earlier congressional reform attempts but also includes new provisions that would dramatically affect the EB-5 industry – both in the short-term and long-term.  If passed, the Act would authorize the EB-5 Regional Center Program – currently set to expire on May 23, 2018 – until September 30, 2023.  This longer-term extension is welcome news, as it would provide the certainty that the EB-5 industry has lacked during the past few years. As of the publication of this blog, it does not appear that the EB-5 Reform Act has been formally introduced into Congress for debate or discussion.  Nevertheless, it’s possible that the legislation will be attached to the Omnibus bill that would fund the federal government through the remainder of the fiscal year, which is expected to be released this week.  It’s likely that if the EB-5 Reform Act is not passed in the next couple weeks, any legislative reform to the EB-5 Program before September 30, 2018 is unlikely. In summary, this may be […]