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{"id":14912,"date":"2015-08-19T11:08:42","date_gmt":"2015-08-19T11:08:42","guid":{"rendered":"http:\/\/www.seonewswire.net\/2015\/08\/legislation-introduced-to-extend-the-eb-5-program-proposes-major-changes\/"},"modified":"2015-08-19T11:08:42","modified_gmt":"2015-08-19T11:08:42","slug":"legislation-introduced-to-extend-the-eb-5-program-proposes-major-changes","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2015\/08\/legislation-introduced-to-extend-the-eb-5-program-proposes-major-changes\/","title":{"rendered":"Legislation introduced to extend the EB-5 program proposes major changes"},"content":{"rendered":"

Bi-partisan legislation has been introduced in the U.S. Senate to extend the EB-5 regional center program for immigrant investors, and it includes significant changes.<\/p>\n

Senators Chuck Grassley (R-Iowa) and Patrick Leahy (D-Vt.) introduced Senate Bill 1501 on June 3. The proposed legislation would implement a five-year extension of the EB-5 regional center program, which would otherwise expire in September 2015. The EB-5 program permits an immigrant investor to obtain permanent resident status by investing either in a new or existing business, or in a project developed by a regional center in the United States. Regional centers create projects for immigrant investors mostly in targeted employment areas, which have a minimum investment amount of $500,000. Regional center projects can use indirect job creation to meet the statutory EB-5 job creation requirements. S.B. 1501 is the first bill introduced to extend this popular investment program.<\/p>\n

S.B. 1501, called The American Job Creation and Investment Promotion (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bi-partisan legislation has been introduced in the U.S. Senate to extend the EB-5 regional center program for immigrant investors, and it includes significant changes. Senators Chuck Grassley (R-Iowa) and Patrick Leahy (D-Vt.) introduced Senate Bill 1501 on June 3. The…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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