Let's talk

Bill Introduced To Set Aside 100 EB-5 Visas For Major Disaster Areas

EB-5 News
Thumbnail

Date

Aug 22nd, 2019

Share

Comments

You have to be registered to leave a comment

On April 9, a bill was introduced to reserve 100 EB-5 investor visas for areas where a major disaster has been declared by the president. This could provide some positive EB-5 national news, in light of the recent outcry for program reform as well as the specific criticism of Targeted Employment Area (TEA) designation that often funds luxury developments in big cities, such as Hudson Yards in Manhattan.

Read The National Law Review Article "New Bill Introduced to Use Economic Abilities of EB-5 to Assist Disaster Recovery in Declared National Disaster Areas"

Sign up for our EB-5 Weekly newsletter