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Senator Rand Paul Seeks Congressional Action to Halt EB-5 Program Changes

Viji Durga  September 06, 2019   comments   General

EB-5 Visa, EB5 Visa, EB5 Investments

As we previously discussed, United States Citizenship and Immigration Services (USCIS) proposed substantial changes to the EB-5 regulations on July 24, 2019. The “EB-5 Immigrant Investor Program Modernization Rule” is scheduled for implementation on November 21, 2019. It appears that the Administration will apply the rule, as written, unless Congress acts to stop it.

On August 20, 2019, U.S. Senator Rand Paul, a long-time supporter of the EB-5 program, sought to block implementation of the changes through a Congressional Review Act resolution. In a Letter to Colleagues, he wrote:

Source: https://www.nola.com/news/crime_police/article_d7acb4be-d0f1-11e9-ab41-5ba450209d97.html

Read more by clicking below image 

 

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

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