EB-5 PROGRAM TO BE EXTENDED BRIEFLY TO 7 DEC 2018

EB-5 PROGRAM TO BE EXTENDED BRIEFLY TO 7 DEC 2018

The house of representatives has passed an extension of the EB-5 statute through December 7, 2018. This means that applications can be filed through December 4, 2018 under the same terms and conditions and investment levels as they currently stand. 

This is a rare and great opportunity for last-minute applicants as it will provide two months to be able to structure your application. Only clear source of funds applications needs apply as this process is time consuming and will require full cooperation from our firm as well as the applicants. Further, translation of documents into the English language may be time consuming and therefore will need to be reviewed prior to commencing the application. 

Note that the USCIS policy manual regarding a regional center geographic area for target employment area is being reviewed by the government. We do not know what direction the negotiations will be taking in Washington with regard to the specifics of the investment level as well as the target employment areas however you can certainly expect changes in this regard in 2019.

To find out more about the investor visa to your destination country, please call John Hu Migration Consulting Limited at 3568 1436 .