Did lawmakers flub the temporary renewal of EB-5? Congress may have accidentally allowed the regional center program to lapse
Congress thought it extended the EB-5 visa program at the end of September but did it?
A letter from the Congressional Research Service, which serves as a research arm for Congress, questions whether the EB-5 Regional Center Program, which earmarks green cards for investors in development projects, was lawfully extended. The continuing resolution, issued Sept. 30, was slated to keep the program up and running until Dec. 9, and lawmakers could hash out terms for a potential long-term authorization during that period.
But in the letter, dated Oct.3 and reviewed by The Real Deal, CRS cites a legal technicality which may mean the program is no longer legally funded. The program, it says, was subject to certain sunset provisions 爱上海同城对对碰