Despite the talk of expanding the EB-5 immigrant investor program in Congress’ $2.4 trillion stimulus efforts, nothing further has progressed, as the initial financial response to the Covid-19 pandemic had to prioritize our most pressing public health and unemployment issues.
But with another package now on the horizon, federal lawmakers would do well to not let EB-5 expansion slip through the cracks again. After all, expanding the program will help accomplish what any stimulus package intends to do: stimulate the economy.
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