Program Extended 3 Years

Posted on 09/18/2012 by Mark A. Ivener, A Law Corporation

On 9/14/2012, Congress extended the Regional Center programs for 3 years – from 10/1/2012 to 9/30/2015.

For information regarding the allocation and approval of EB-5 visas, please visit www.state.gov.

Q: Please confirm whether the number of EB-5 visas via the regional center pilot program is capped at 3,000 or can exceed 3,000 (up to 10,000).

A: 3,000 is not a hard cap number. The regional center pilot program can exceed 3,000 visas.

Q: Has USCIS given any thought to increasing 10,000 visa cap?

A: This is up to Congress, and USCIS hopes to have more information by next stakeholder meeting.

Taken directly from USCIS EB 5 Immigrant Investor Program Quarterly Stakeholder Engagement on May 1, 2012.

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About the Author

Mark Ivener is an experienced business and EB-5 immigration attorney who has written 5 books on Immigration Law as well as has written numerous articles and spoken at many events on EB-5 topics.

Program Extended 3 Years

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