From the Hill:
The One Year
Extension
by Congressman Jared Polis (D-Co.-2) and Congressman Mark Amodei (R-Nv.-2)
The EB-5 investor visa program is a proven job creator for the United States.
Members of Congress see the benefits that EB-5 investment can bring to local
communities, and those economic benefits are exactly why there is such a
diverse group of supporters in Congress. Extending the EB-5 deadline into
2016 was vital, as failure to reauthorize this successful job creation and investment program would have been a terrible economic mistake. This short-term
extension, however, represents a missed opportunity. EB-5 needs a long-term,
multi-year reauthorization, and the sooner we can get there, the better. Looking
forward, while we are confident that the EB-5 program is here to stay, it is too
early to say what the program will look like beyond next year.
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