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The EB-5 Regional Center program has helped foreign investors to immigrate to the United States, created work places for local residents, and helped US economy grow.  Unfortunately, however, not all project developers are acting in a “good faith.”  There have been many documented cases in which EB-5 investors have received false information and unfounded promises from managers of Regional Centers (RCs), and there are virtually no remedies available to investors who are victimized by these fraudulent enterprises. 

Ever since Congress passed a temporary extension of the EB5 Investor Visa Program on September 30, 2015 allowing the program to continue to run until December 11, 2015, there has been speculation regarding the possibility of significant reforms to the program.  Since its first implementation in early 1990’s, the program has been reauthorized six times, each time without any major changes.  What should we expect this time?