Keeping in touch with the latest news, developments and trends on the EB-5 visa is an important part of our service to clients. We want to ensure that you are in the driving seat when considering EB-5 program options. Stephen Parnell, one of our managing partners, spent last week out of our Florida office enjoying the more challenging climate in Washington DC where he attended an important EB-5 conference and discussed key issues with Legislative Assistants of Senators & Congressmen, key senior staff in the USCIS, leading immigration attorneys, plus heads of many of the various regional center programs.
We feel it is critical for those considering the EB-5 regional center program and investing $500,000 to be appraised of what is happening behind the scenes and we will cover a range of important issues Steve uncovered during his time in Washington in future blog entries. A number of these issues are of considerable importance for those of you considering the various regional center options available and wishing to look beyond the glossy information/sales packs.
The photograph shows Stephen Parnell with Senator Patrick Leahy of Vermont during an EB-5 stakeholders meeting in Washington DC.

Stop Press: The following was transmitted to us last night concerning the EB-5 extension.
“…..Because the EB5 extension is in the current continuing resolution, it would likely be included in any short term Continuing Resolution as well as a Continuing Resolution for the balance of the fiscal year (through September 30). Majority Leader Reid hopes to pass the Omnibus bill also containing a 6 month EB5 extension by Thursday, March 5. It is not clear how this will be resolved, but we do anticipate that EB5 extension will be included in the Fiscal Year 2009 spending legislation moving forward.”
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This update brought to you by Stephen Parnell & Andrew Bartlett
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