3 Things To Watch For As Congress Takes Up EB-5 Renewal

Law360, New York (March 27, 2017, 2:21 PM EDT) -- Congress in the coming weeks will address what to do with the EB-5 visa program, which will expire at the end of April if not extended or made permanent, and lawyers say a host of unknowns — including what President Donald Trump thinks of the program — means developers and investors are on tenterhooks about what they'll need to do next.

Among the areas of the program that could change if Congress doesn't simply extend it until September are the minimum investment thresholds and the ways in which targeted employment areas are drawn.

TEAs by definition have 150 percent of the...

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