Considering The Uncertain Future Of The EB-5 Program
By Bruce Meyerson and David Coombs (July 2, 2018, 5:36 PM EDT) -- After multiple extensions, the EB-5 visa program is set to expire on Sept. 30, 2018.
Congress established the EB-5 program in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors seeking U.S. resident visas. Congress later enhanced the EB-5 program with the introduction of the regional center program, which set aside EB-5 visas for participants who invest in commercial enterprises associated with federally approved regional centers organized to promote economic growth. Although neither limited to, nor designed specifically for commercial real estate finance, the EB-5 program has been embraced in recent years as a viable...
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