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.

Tags: eb-5, pilot program, regional center, visa, washington dc

This entry was posted on Tuesday, September 29th, 2009 at 12:20 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.