{"id":9094,"date":"2017-04-17T16:51:51","date_gmt":"2017-04-17T16:51:51","guid":{"rendered":"https:\/\/www.investmentimmigration.com\/?p=9094"},"modified":"2019-02-12T14:02:45","modified_gmt":"2019-02-12T19:02:45","slug":"eb-5-usa-immigration-program-faces-make-or-break-month","status":"publish","type":"post","link":"https:\/\/www.investmentimmigration.com\/eb-5-usa-immigration-program-faces-make-or-break-month\/","title":{"rendered":"EB-5 USA Immigration Program Faces Make Or Break Month"},"content":{"rendered":"
The US EB-5 investment immigration program faces a make or break month over calls for it to be terminated.US legislators have call for an end to temporary extensions that have kept the program going for several years. The latest extension expires on April 28, 2017.<\/p>\n
Now key players at US Citizenship and Immigration Services want to see the EB-5<\/a> USA immigration program reformed or discontinued.<\/p>\n Several bills have been tabled with plans for EB-5, including raising investment levels and changing how a Targeted Employment Area (TEA) is defined.<\/p>\n But none has gained significant traction, leaving lawmakers unsure about what to do with the controversial investment immigration<\/a> program.<\/p>\n The uncertainty has caused a rush in applications, particularly from Chinese candidates, who are central to the USA immigration<\/a> program\u2019s success.<\/p>\n The strained US-China relationship under Donald Trump is also a cause for concern.<\/p>\n Candidates do not know if the program will exist after April 28, and are hoping applications submitted now will be honoured.<\/p>\n A similar situation is seen among US developers, who are rushing to fund their projects before the potential termination of the program.<\/p>\n Read More<\/strong><\/p>\n Senator Rand Paul submitted a new plan to expand the program at the end of March, although full details are yet to emerge.<\/p>\n A March 8 hearing was convened to consider many of the tabled proposals, during which Republican Jim Sensenbrenner said: \u201cThe days of last-minute extensions in continuing resolutions are over.<\/p>\n \u201cLet me repeat that, no more extensions in CRs. It’s time for all parties to come together to the table so the Congress can do the often-dirty job of legislating.\u201d<\/p>\n There have been calls for the investment threshold to increase, with separate proposals suggesting $800,000 and $1.3 million respectively as the minimum requirement, but nothing has gained significant traction.<\/p>\n It has faced criticism from several sources, who want it abolished. There are several ongoing court cases linked to potential EB-5 fraud. There are calls for a body to be formed to oversee these transactions, to ensure transparency.<\/p>\n Further reading<\/b><\/p>\n The US EB-5 investment immigration program faces a make or break month over calls for it to be terminated.US legislators have call for an end to temporary extensions that have kept the program going for several years. The latest extension expires on April 28, 2017. Now key players at US Citizenship and Immigration Services want…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[454],"tags":[],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p8hnWW-2mG","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/9094"}],"collection":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/comments?post=9094"}],"version-history":[{"count":0,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/9094\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/media?parent=9094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/categories?post=9094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/tags?post=9094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nCurrent US EB-5 Investment Requirements<\/h3>\n
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