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EB-5 Program Extended until June 30, 2021

On December 18, 2020, the Congress passed and the President signed a continuing resolution H.J.Res.107) to fund the government (including the EB-5 Program) from December 18 until December 20. Further continuing resolutions extended the government funding from December 20 until December 21 (H.J.Res.110 — became law on December 20, 2020) and from December 21 until December 28 (H.R.1520 – became law on December 22, 2020).

 

Please also be informed that on December 21, 2020, the House passed Consolidated Appropriations Act, 2021, which was later passed by Senate on December 22, which includes extension of the EB-5 program through June 30, 2021. The bill was signed by President Trump on December 27 and became public law.

 

Please click here to view the text of the Act.