Once again the EB-5 Regional Center, which has been a
"pilot program" since its inception in 1992, is up for
reauthorization. It currently "sunsets" on
September 30, 2015.
In a recent blog post published by the American
Immigration Lawyers Association, it is noted that from 2008 to 2014
and estimated $12 billion of capital investment came into the U.S.
through the EB-5 program, with almost all of it through the
regional centers. Since 1990, the EB-5 program has created
over 85,000 full-time jobs in the U.S.. In FY2013 alone, an
estimated 30,000 jobs were created through the EB-5 program.
There seems to be bi-partisan support in Congress to extend the
RC program once again, perhaps even permanently, but there is also
a mindset that there are major changes needed to the EB-5
program. There are currently three bills pending in Congress
that introduce changes such as increasing the minimum investment,
adding various integrity provisions, and redefining the
