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No Consensus On Harm To EB-5 Program Posed By Revised Regulation

Viji Durga  April 11, 2019   comments   General

EB-5 Visa, EB5 Visa, EB5 Investments

The U.S. Office of Management and Budget is on the verge of revising regulations governing the EB-5 visa program. The proposal would raise the minimum required investment and shift responsibility for designating areas as eligible for investment away from local entities into federal hands, and the real estate industry isn't certain what that will mean for the flow of investment capital under the program.

One take is that the revision might seriously wound or even spur the demise of the program, which has had a bumpy few years lately, with lawsuits and cases of fraud and abuse dogging EB-5s, and sharp criticism from members of Congress. 

Source: https://www.bisnow.com/national/news/capital-markets/revised-regulation-poses-uncertainty-for-eb-5s-98332

Read more by clicking below image 

EB-5 Visa, EB5 Visa, EB-5 Investment

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