EB-5 Short-Term Extension Signed Under Continuing Resolution (H.J.Res. 143)
Friday, December 7, 2018 - U.S President Donald Trump has signed a Continuing Resolution that allows the federal government to remain funded for two more weeks and extends several expiring programs, including the EB-5 program. Amid speculation of change, the EB-5 program will continue under the same rules, including the minimum investment threshold of $500,000, through December 21. This grants investors who were unable to complete their investment and I-526 filing a 2 additional weeks to complete their transactions and paperwork.
The President has signed into law H.J. Res. 143, which extends FY19 appropriations for continuing projects and activities, such as the EB-5 Program, of the Federal Government through December 21, 2018, for departments and agencies covered in the seven remaining appropriations bills, while additional negotiations continue.
FirstPathway Partners will continue to monitor new developments.
Learn how you can help advocate for the EB-5 program and protect the projects that contribute to the development of the American Economy here.