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IIUSA, U.S. Chamber of Commerce, Real Estate Roundtable, EB-5 Investment Coalition, and American Immigration Lawyers Association, July 5, 2016- "IIUSA joined leading EB-5 trade associations/coalitions (U.S. Chamber of Commerce, Real Estate Roundtable, EB-5 Investment Coalition, and American Immigration Lawyers Association) as signatories on a letter to Senate and House Judiciary Committee Leaders and Members expressing support for extending the EB-5 Regional Center Program and recommending reforms to enhance program integrity and effectiveness as a economic development tool. This is a significant milestone for the EB-5 industry, which accounts for billions of dollars of investment and tens of thousands of American jobs annually, as diverse interests come together to ensure EB-5 can continue to its important work in the economy. Industry stakeholders should be encouraged that these developments will likely be helpful in advocacy efforts with Congress and are encouraged to provide a copy of the letter to their representatives. Download a copy of the letter here.
The letter highlights support for: