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ARTICLE · 29 MARCH 2024

Why EB-5 Is Better

Klasko Immigration Law Partners
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In its 33-year history, EB-5 has seen good times and bad times. The bad times have included a shutdown of the regional center program, a series of short-term extensions...

United StatesImmigration
H. Ronald Klasko
H. Ronald Klasko
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In its 33-year history, EB-5 has seen good times and bad times. The bad times have included a shutdown of the regional center program, a series of short-term extensions of the regional center program followed by a lengthy lapse, and high-profile fraudulent projects. So when we are experiencing good times, we should acknowledge and celebrate.

These are the good times. If there is anything for certain in this field, it is that the good times will not last forever. So while it lasts, I thought I would reflect on why EB-5 2024 is the good old days.

Here's why:

Long-term Extension

Of course, there was a complete lapse of the regional center EB-5 program in 2021. But even before 2021, we went through several years of very short-term extensions, which provided precious little confidence in the investor community for the long-term future of the program.

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