Jan 20, 2018
Government Shutdown Triggers EB-5 Regional Center Program Lapse
A continuing resolution that would have funded the U.S. government and extend several immigration programs until February 16 has failed in the Senate. Nonessential government services have shut down as of 12 AM January 20, triggering a severe impact on immigration programs and processes. Please see our post from earlier today for a full discussion of programs and processes affected. Importantly, the EB-5 Regional Center program has lapsed.
Last April, we covered how USCIS would handle an EB-5 RC Program lapse, and present that post for our readers’ review tonight.
Note that the lapse in the Regional Center program will have no effect on:
- Forms I-526 filed without a Regional Center (direct EB-5 filings);
- Investors who have already achieved conditional permanent resident status; or
- Any Form I-829 filings, whether or not filed based on a Regional Center investment.
We will continue to provide coverage as events unfold. The situation remains very fluid as negotiations continue overnight. The program could be revived at any time.
Our valued clients and agent partners are encouraged to contact EB-5 department head Matthew Galati at email@example.com with their questions and concerns.