Client Login

CMB REGIONAL CENTERS

Industry leader in creating jobs through EB-5 Investments.

NEWS

 HOME > NEWS > Here

EB-5 Regional Center Program Extension Awaits Final Action from WashingtonDecember 24, 2020

On December 21st Congress passed an annual government funding bill known as the Consolidated Appropriations Act, 2021, which in part, extends the EB-5 Regional Center Program through June 30, 2021.  The bill was approved by Congress and as required, was then sent to the President to be signed into law.  President Trump has yet to sign the bill, instead calling on Congress to make substantial changes in the bill to cut certain spending and increase COVID relief payments to families.

Over the past two weeks, Congress has passed a series of days-long stop gap measures known as continuing resolutions to prevent a government shutdown and to allow more time to negotiate the terms of the 2021 funding package. The latest was a seven-day continuing resolution until December 28th when Congress is now set to reconvene.  Although the government will avoid the potential for a shutdown over the Christmas holiday many unknowns remain. However, it appears clear that the intention of lawmakers is for the EB-5 Regional Center Program to remain in place through June 30, 2021.

CMB will continue to monitor this extension, and what it could mean for future reauthorization and/or reform of the EB-5 Regional Center Program.

To stay up to date with CMB and EB-5 News, Subscribe to CMB’s Newsletter

If you would like to learn more about the EB-5 Investor Visa, or CMB’s current EB-5 offerings, please contact us to schedule a free initial consultation with a CMB Investor Relations Manager.

CMB engages Prevail Capital, LLC, a broker-dealer registered with the SEC and a member of FINRA and SIPC, to be the administrative placement agent for all CMB EB-5 partnerships.

Share This Post: Twitter | LinkedIn | Facebook

Subscribe to CMB Regional Centers Newsletter to be notified about EB-5 News and future updates from CMB.


Recent Posts

EB-5 Visa Reform Needed in 2021

It is Time for a Bipartisan Effort to Reform, Reauthorize and Restore Congress’ Intent for the EB-5 Program CMB Founder, Pat Hogan Discusses The Reforms For...

CMB Regional Centers is One of EB-5’s Top 25 Immigration Companies

UGlobal Immigration Magazine Recognizes CMB Regional Centers as One of EB-5’s Top 25 Immigration Companies CMB Regional Centers is pleased to announce it as...

EB-5 Regional Center Program Extended through June 30, 2021

The President has signed the Consolidated Appropriations Act, 2021, which extends the EB-5 Regional Center Program through June 30, 2021.  This marks a rare...

Popular Posts

USA Provides More EB-5 Visas in 2021

CMB News: The EB-5 Program Will Have More Visa’s In FY 2021 On September 24, 2020, the U.S. Department of State (DOS) released their October 2020 visa In a...

Does a New Administration Bring Changes to EB-5?

It is projected that former Vice President Joe Biden is elected as the new President of the United States, taking office in January 2021.  Many prospective be...

IIUSA Forum Oppenheim Chief of Visa Control Estimates 8,600 More Visas in 2021

  Thousands More Visas Will Be Available in 2021 Compared to Normal 10,000 EB-5 Visas. Thursday, while attending the 2020 IIUSA (Invest in the we...