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ARTICLE · 05 APRIL 2018

Regional Center Program Extended Six Months

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The USCIS would need to approve final regulations in order for them to take effect and it is unclear when, or if, they may do so.

United StatesImmigration
Mark Katzoff
Mark Katzoff
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The omnibus spending bill signed into law by President Trump on March 23, 2018 included a six month extension of the EB-5 regional center program to September 30. This marks the latest in a series of short-term extensions over the last few years while Congress has attempted to agree upon legislation providing more substantive changes to the EB-5 program in general.

Among the issues addressed by proposed legislation that was not passed by Congress:

  • Increases in the minimum investment amounts
  • Changes in the methods of determining targeted employment areas ("TEAs")
  • Set-asides of a portion of the visas issuable under the EB-5 program for projects located in rural areas
  • Enhanced compliance requirements for regional centers

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