OPINION: EB-5 Reform Still Needs Key ‘Technical Changes’

Law360, New York (December 7, 2015, 10:10 PM ET) — Will they … won’t they … will they? This has been the question EB-5 stakeholders have been asking for weeks. On social media, such as the Chinese WeChat, speculation has been rife: An article was widely circulated only this week quoting former Illinois Rep. Aaron Schock, Republican, stating the law may be extended for another two to four months.

As the EB-5 reform calendar counts down to Dec. 11, 2015, and the tensions rise, a bicameral, bipartisan proposal to reauthorize and reform the EB-5 Regional Center…

Source: Law360