Greenberg Traurig’s EB-5 team would like to thank our clients, colleagues, and fellow EB-5 industry members for another successful year. We look forward to working with each of you in 2018.
After extended debate, the U.S. Senate set-aside the House-passed Continuing Resolution (CR) and negotiated and passed a CR funding government and programs, including EB-5, until March 23, coupled with a sweeping 2-year budget agreement for FY 18 and FY 19. The extended debate exceeded the previous CR time extension of midnight Feb. 8, which resulted… Continue Reading
Tonight, by a vote of 245-182, the House approved it’s version of the 5th Continuing Resolution (CR), funding government operations and extending government programs, such as EB-5, until March 23. The bill now proceeds to the Senate for further consideration. As of this writing, it is expected that the Senate will continue overall budget negotiations… Continue Reading
Tonight, House Appropriations Chairman, Rodney Frelinghuysen (R-NJ), filed a fifth short-term Continuing Resolution (CR) extending government funding and important programs, such as EB-5, from Feb. 8 until March 23. After late-night Conference meetings, House Republicans developed the framework and timing of the CR. The CR is expected to be acted upon by the House later this week. … Continue Reading