Despite months of vigorous debate over the EB-5 Regional Center program and the introduction of multiple draft bills, Congress did not reach a consensus and no legislation was passed in 2015, resulting in a “clean” extension of the EB-5 Regional Center Program without any changes until September 30, 2016. Read more.
EB-5 Debate Tackles the TEA Designation
Fragomen Worldwide's Chad Ellsworth discusses the recent developments surrounding the Regional Center Program and TEA designations, which could lead to more stringent requirements for foreign investors starting October 1, 2016.