Last week, Politico published an article claiming Senator Lindsay Graham (R-SC) was pushing the White House to include EB-5 visa provisions in the $2 trillion COVID-19 emergency stimulus bill. Specifically, Politico wrote that Senator Graham sought to reduce an immigrant investor’s minimum allowable investment from $900,000 to $450,000 and increase the number of EB-5 visas to 75,000.
These claims are untrue and Senator Graham, to his credit, immediately said as much. Although the EB-5 industry would like to see program reforms, it would never support these extreme and unfounded shifts. It did not do so last week, and it will not do so in the future.
Read more at the IIUSA Blog.
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