in doubt as to what to do next. While the program was not reauthorized after it expired on Jun 30, 2021, that is no reason to write it off completely.
The EB-5 Regional Center Program has a history of expiring and then getting reauthorized after some time. While it may take a few months, Congress will authorize the program. That is why it is never too early to start preparing your application for the program.
What Steps Can Be Taken for the Reauthorization of the EB-5 Regional Center Program?
Consult an Immigration Attorney
The first step to take is to consult with an experienced immigration attorney about applying for the program. Applying for a US Visa can be an overwhelming process and having an experienced professional at your side to guide you can make it much easier.
An experienced immigration attorney will be well versed with the requirements and regulations of the EB-5 Visa program. Also, considering that reauthorization will likely reform the eligibility criteria for the program, an immigration attorney will be well equipped to help you deal with the situation.
Gather the Required Documentation and Source of Funds
You must prepare all the required documents that must be submitted to complete your application for the program. This includes gathering documentation to demonstrate that the funds for investment have been sourced legally. There are a variety of ways to fund your EB-5 investment, however, the source must be legal and verifiable.