Which EB5
Archive for September, 2009
Senate clear the way for EB-5 extension
September 30th, 2009

The Senate have cleared the bill extending the EB-5 program for a one month temporary extension. President Obama is expected to sign the just cleared bill tonight. Word in Washington is that Congress could take up longer term extension within the next two days.

Stay tuned to the Which EB5 Blog for the latest updates and news on all EB-5 Visa matters.
 
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Incorrect information – the EB-5 visa extention
September 29th, 2009

If you are looking to utilize the EB-5 regional center pilot program you may have read a number of articles from various sources indicating that the program, due to end at the end of September 2009, has either been made permanent or temporarily extended for a further month.

These recent articles and announcements are worrying, as despite the source they are incorrect and are a case of not making the available information as clear as it needs to be.

There are plans to either extend the program, or to make it permanent, but as of September 28th although these proposals have passed through the House of Representatives, they HAVE NOT YET passed through The Senate or been signed by the President into law.

It is worrying that the authors of these recent articles and announcements have not clarified that plans for an extension or permanency are at the moment just plans – they still have to go through the system in Washington.

We have full confidence that the EB-5 program will continue but we feel it inappropriate and perhaps even irresponsible that only part of the story is being published.

Watch this space for all the EB-5 facts.
 
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EB-5 regional center pilot program non extension?
September 28th, 2009

We have received many requests for information regarding the renewal of the EB-5 regional center program. We have also seen a number of reports stating incorrectly that the program has been renewed.

While a program extension has passed the  House of Representatives, as yet this not been approved by the Senate, or signed off by the President. We will notify you once a bill is eventually passed renewing the program, which we believe will be the case whether it be for a temporary one month, one year, three or five year period.

We remain concerned when incorrect information is given out by regional centers, attorneys or other sources, particularly on such an important point, a point that may have such significant repercussions.

It is important to remember that even when an extension is finally granted, there are many additional points to consider, including the reliability of  regional center claims regarding obtaining green card I-526 approval, the removal of conditions regarding the I-829 and finally the return of your investment funds.

Our research department has looked into regional center claims and found some critical points that need very careful consideration before determining which regional center you chose.

Which EB5 research all regional centers, you make the same $500,000 investment and get independent experts at no cost to you. Our impartial advice has helped more than a hundred families obtain Green cards. Contact us for further information through this link or via email to info at whicheb5 dot com.
 
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EB-5 News – Latest information from Washington
September 24th, 2009

EB-5 News:

Congress will almost certainly extend the EB-5 regional center pilot program after Sept. 30, either through a continuing resolution or by passing the DHS appropriations bill. In the unlikely event there is a gap in the law, current and new EB-5 visa holders can still enter the country after that date.
 
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Will the EB-5 pilot program be renewed or extended?
September 2nd, 2009

The truth of course is no one knows What we do know is that strong bi-partisan support exists for the EB-5 program to be made permanent. September 30th (the official sunset date for the existing law) is just around the corner. Later this month many members of the EB-5 community will be meeting in Washington DC to map out a plan of action to work with those in Washington in support of this program.

We have said before (Where Economic Development & Immigration Clash in Washington) that the EB-5 pilot program needs to be looked upon as an economic development program first and an immigration program second. We personally believe that the program is here to stay and that we will experience a lot of pent-up demand for information and guidance on regional centers investment programs in 2010.

If you are considering taking the EB-5 visa route to permanent residence in the U.S.A then our suggestion would be to start your due diligence now so that you are in a position to move forward immediately once an announcement is made regarding the future of the program. If you are already busy making choices regarding a regional center and/or immigration attorney it is worth consulting with us on whether you need to file now or wait until September 30th; various personal factors come into play in this decision which we will be happy to discuss with you. If you are already registered with us you can email us using the contact information already supplied. If you have not yet taken advantage of the information we can provide (most of which you cannot find anywhere else) then go ahead and register using this link.

Which EB5 research all regional centers, you make the same $500,000 investment and get independent experts at no cost to you. Our impartial advice has helped more than a hundred families obtain Green cards.
 
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