EB-5 Program Extended Until September 30, 2017
- By : Abbas Law PLLC
Date : 05-May-17
As part of the federal government spending bill that was passed by Congress this week, the EB-5 Program has also survived for a few more months. At the moment, the program will continue without any changes, so the investment minimums of $1,000,000 (non-Targeted Employment Area) and $500,000 (in Targeted Employment Areas) still stand. However, there is a very high likelihood that these amounts will be increased, and that other changes will be implemented, in the near future.
For more information on potential reforms, please see our previous post here and a recent Forbes article on the expected revisions here.
If you are interested in the EB-5 Immigrant Investor Program, please contact Abbas Law PLLC for a free consultation today.