Monday, June 11, 2012

U.S. Immigration Fund Supports U.S. Senator's Bill to Make EB-5 Visa Program Permanent

Senator Patrick Leahy introduced legislation that will make the EB-5 Visa program a permanent fixture to US economy-boosting endeavors.

(PRWEB) June 05, 2012

On Thursday, May 24, 2012, Senator Patrick Leahy (D-Vt.) introduced legislation seeking to give permanent status to the EB-5 Regional Center Program, among other job-creating endeavors. Established by Congress in 1990, the EB-5 Regional Center Program has successfully facilitated immigrant investments toward economy-boosting and community development campaigns across the country. As the program was scheduled for review in September 2012, the current bill introduced by Senator Leahy will ensure permanence for this positive program.

According to Senator Leahy, months of negotiation led to the final draft that was introduced for Congressional approval.
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