EB-5 Program Extension a Sign of Changes to Come
Recently President Obama and Congress passed a year-end “Omnibus” bill. Included within this $1.1 trillion bill was a 10 month extension to the EB-5 Immigrant Investor Program while the US government continues to review the program and its shortcomings. This George & Company report focus on what changes are likely, what it means for investors, and working with local business brokers avoid fraud.
On December 18th, 2015, the US Congress passed, and President Obama signed into law, a $1.1 trillion year-end spending “Omnibus” bill. Included in this bill was a 10 month “clean” extension of the EB-5 Immigrant Investor Program, also known as simply the EB-5 Program. This extension, which was originally set to end in on Sept. 30, 2015, has been ex..
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