US Senators Set to Extend EB-5 Program

US senators have introduced legislation to renew the EB-5 regional center program that is set to expire in September. The American Job Creation and Investment Promotion Reform Act would renew the EB-5 program for another five years, while also providing investors with greater protections, and giving US authorities greater powers to terminate regional center programs or visas when there is fraud or criminal activity.

Source: NBC News

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Colin R. Singer: Colin R. Singer is Managing Partner of investmentimmigration.com and immigration.ca and one of Canada’s foremost senior corporate immigration attorneys. He is recognized as an experienced authority on Canadian immigration matters as well as the international residence-by-investment industry through investmentimmigration.com. He is a licensed immigration lawyer in good standing with a Canadian Law Society during the past 25+ years.

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