May 1, 2017
Matthew Galati Quoted in Bloomberg BNA Article on Prospects of EB-5 Reform
On April 27, 2017, Manager of the U.S. Entrepreneurs and Investors Division Matthew Galati was quoted in “Fate of Visa Program Faces ‘Many Known Unknowns,’” printed in Bloomberg BNA. Published last week while the prospects for the EB-5 Regional Center extension and statutory reforms were unknown, Matt opined on the interplay of political tensions which could have resulted in a lapse, as well as the industry’s previous experiences with Regional Center sunset dates. Matt also discussed ongoing uncertainty with respect to the Proposed EB-5 Modernization Rule, which was promulgated in the final days of the Obama Administration.
Founded in 1929, Bloomberg BNA is a nationally-distributed publication featuring articles on legal, tax, regulatory, and business information for professionals. A copy of the article is attached to this post.