The extension of the Regional Center program came as part of a temporary spending measure to avert a government shutdown at the start of the new fiscal year tomorrow.
Now that the bill has received approval from both the House and the Senate, it is expected to be signed into law by the president before the deadline later tonight.
Congress now has until December 11th to pass a longer-term re-authorization of the EB-5 Regional Center program.
Three bills proposing renewal and additional regulation of the EB-5 Regional Center program have been introduced since January.
What is EB-5? Find out more by downloading our EB-5 Solution Kit.
Allow us to address your business needs by contacting us, or commenting on the post below. We look forward to hearing from you!