An article in this weeks Economist under the Lexington column provides an analysis of President Obama’s $787 billion stimulus package.

The stimulus package sends a somewhat protectionist signal by including a number of Buy American provisions. It also sneakily interferes with the financial services industry, laying down stern limits on pay and making it harder for foreigners to work there. Incredibly, many of the details emerged only after the bill had been passed.

We have concerns regarding the long term implications and eventual impact this may have on the availability of routes of immigration to the USA, particularly with the failure last year by the Senate to agree a five year extension to the EB-5 visa pilot program.

Currently we are waiting to see if the visa is extended for a further six months after March 6th 2009. Stay up to date on all matters relating to the EB-5 Visa.

Tags: eb-5, Immigration, pilot program, USA, visa

This entry was posted on Sunday, February 22nd, 2009 at 2:00 pm and is filed under Immigration. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.