On Friday, February 15, 2019, U.S. Congress and President Trump agreed on and signed Consolidated Appropriations Act, 2019, a spending bill that funds the U.S. government and extends the EB-5 Regional Center Program with no changes through September 30, 2019. This is another “clean” extension in a line of short-term extensions since 2013 of the EB-5 investment and job-creation program. The EB-5 regional center program has been a benefit to local U.S. economies and U.S. workers. Along with the rest of the EB-5 industry, we hope that this seven-month extension will allow beneficial updates to be made to the EB-5 program.
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