Roy Carrasquillo, a member of Cozen O'Connor's Corporate practice group, and Scott Bettridge, a member of Cozen O'Connor's Immigration practice, discuss the benefits of permanently authorizing EB-5 in Law360. Congress temporarily extended the EB-5 regional center program to allow qualifying foreign investors to apply for permanent residency until September 2016. Though increasingly important to major developers as a major source of capital, Congress temporarily reauthorized the regional center program in its present format, but additional changes to the program are expected to occur before next September.
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