A New Era for EB5

On March 11, 2022, Congress passed the EB-5 Reform and Integrity Act of 2022 as part of the Consolidated Appropriations Act, reauthorizing the regional center program after it spent nearly a year in limbo. Although the EB-5 program has directly led to the investment of billions  of dollars into the American economy and created thousands of jobs, last June Congress was unable to pass legislation extending the authorization of the regional center program and allowed it to lapse. However, the EB-5 Reform Act of 2022 is not a mere band-aid that simply extends authorization of the regional center program, it is a piece of legislation that will ensure the stability of EB-5 for years to come. Here’s a brief overview of the EB-5 Reform and Integrity Act’s positive impacts. . .

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