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On Thursday, Sept. 22, 2016, the Senate Majority Leader filed legislation to fund the Federal Government through Dec. 9.  In addition to continuing the government’s funding into December, the bill contains a “clean” extension for the EB-5 Regional Center Program through Dec. 9, 2016, with no changes to the current law other than the date extension.  Current authorization for the program expires on Sept. 30 of this year.  The Senate is expected to vote on the spending package, including the EB-5 extension on the afternoon of Tuesday, Sept. 27.  Should the Senate approve the bill next week, the House will then have to act to approve the bill prior to Sept. 30.

In addition to continuing the authority for the EB-5 program, the bill contains extensions for three other immigration programs that are set to expire on Sept. 30, along with EB-5.  Those programs consist of the E-Verify employment verification program, the “Conrad 30” visa for rural physicians, and a visa program for nonminister religious workers.  These programs have traditionally been reauthorized together over the past several years.

EB-5 Insights will provide updates in the Senate as they occur.

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Photo of Laura Foote Reiff‡ Laura Foote Reiff‡

Laura Foote Reiff Co-Chairs the Business Immigration & Compliance Practice and is the Co-Managing Shareholder of the Northern Virginia Office. She also Co-Chairs the firm’s Labor & Employment Practice’s International Employment, Immigration & Workforce Strategies group. Laura focuses her practice on business immigration

Laura Foote Reiff Co-Chairs the Business Immigration & Compliance Practice and is the Co-Managing Shareholder of the Northern Virginia Office. She also Co-Chairs the firm’s Labor & Employment Practice’s International Employment, Immigration & Workforce Strategies group. Laura focuses her practice on business immigration laws and regulations affecting U.S. and foreign companies, as well as related employment compliance and legislative issues.

Laura advises corporations on a variety of compliance-related issues, particularly related to Form I-9 eligibility employment verification matters. Laura has been involved in audits and internal investigations and has successfully minimized monetary exposure as well as civil and criminal liabilities on behalf of her clients. She develops immigration compliance strategies and programs for both small and large companies. Laura performs I-9, H-1B and H-2B compliance inspections during routine internal reviews, while performing due diligence (in the context of a merger, acquisition or sale) or while defending a company against a government investigation.

Laura represents many businesses in creating, managing and using “Regional Centers” that can create indirect jobs toward the 10 new U.S. jobs whose creation can give rise to EB-5 permanent residence for investment. She coordinates this work with attorneys practicing in securities law compliance, with economists identifying “targeted employment areas” and projecting indirect job creation, and with licensed securities brokers coordinating offerings. She also represents individual investors in obtaining conditional permanent residence and in removing conditions from permanent residence.

Laura’s practice also consists of managing business immigration matters and providing immigration counsel to address the visa and work authorization needs of U.S. and global personnel including professionals, managers and executives, treaty investors/ traders, essential workers, persons of extraordinary ability, corporate trainees, and students. She is an immigration policy advocacy expert and works on immigration reform policies.

Admitted in the District of Columbia and Maryland. Not admitted in Virginia. Practice limited to federal immigration practice.