President Signs Extension of EB-5 Immigrant Investor Program

Last week, President Obama signed a bill extending for another three years the EB-5 Immigrant Investor Program.   The program allows foreign investors to invest $500,000 in an approved Regional Center in exchange for the grant of permanent residency to themselves and their family.  Alternatively, they can invest $1,000,000 in their own business in the U.S. in exchange for permanent residency.  In an age of large backlogs and wait times for permanent residency, the EB-5 Program has become a very popular way to move to the front of the visa line.  For more information, contact Greg Berk.

Editor
Cal Labor Law

Robin E. Largent is a Partner in CDF’s Sacramento office and may be reached at 916.361.0991 or rlargent@cdflaborlaw.com BIO »

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