Client Login

CMB REGIONAL CENTERS

Industry leader in creating jobs through EB-5 Investments.

NEWS

 HOME > NEWS > Here

EB-5 Regional Center Program Extended through June 30, 2021December 27, 2020

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 time in recent years, when the expiration of the EB-5 Regional Center Program will not align with the expiration of Federal funding.  The extension will however, allow incoming President Biden, and the new Congress to take office and address the reauthorization and integrity reforms of the EB-5 Regional Center Program.

There have been significant conversations, including a bipartisan supported bill, the EB-5 Reform and Integrity Act of 2020, introduced by Senators Grassley and Leahy, regarding improved integrity measures and a long-term extension, which is expected to be introduced in the beginning of the next congressional session.

The six-month extension allows a prospective EB-5 investor the necessary time to perform due diligence and make an informed decision on which regional center and EB-5 project is best for them and their family to invest into.  However, this period of time will move quickly, and there is no guarantee that Congress will reauthorize or amend the EB-5 Regional Center program by the expiration date, especially since the current expiration of the EB-5 Regional Center Program is no longer tied to the other federal funding programs.

CMB will continue to monitor this extension, work with both sides of the aisle to encourage and support the efforts to achieve the reauthorization and integrity reform, and work with our prospects to assist them in their EB-5 pursuits.

Read Also:

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...