Wednesday, March 24, 2021 –The latest article on EB-5 Investors Magazine’s EB5Investors.com, features expert commentary from FirstPathway Partners’ Senior Vice President, Jennifer Sherer, on How the EB-5 Reform Bill Could Change the EB-5 Program.
The article by Ana Durrani examines how the EB-5 Reform and Integrity Act of 2021, introduced by Senators Chuck Grassley (R-Iowa), and Patrick Leahy (D-Vt.) late last week, would change EB-5 and how industry veterans view those changes.
Most notably, “Sherer says she anticipates, for good actors, that the legislation will change the industry significantly less than the 2019 EB-5 Immigrant Investor Program Modernization Regulations.”
Sherer also notes that the true winners of the reform bill are investors: “additional protections in the event of regional center termination, better priority date retention, and some protection for their children from age-out.” Learn more about the bill’s key benefits for investors.
Sherer also predicts that a long-term reauthorization and a stronger program will put EB-5 in the running for more visas when the discussion is on the table.
Jennifer Sherer has assisted hundreds of immigrant investors from over 40 countries through the employment-based fifth preference (EB-5) immigrant visa category regional center program. As an industry veteran with over a decade of experience, Ms. Sherer has been asked to lecture stakeholders from all over the world and is considered an authority on the topic.
EB5 Investors Magazine and EB5Investors.com strives to deliver compelling and comprehensive articles and information for everything EB-5 related. EB5 Investors magazine provides a platform for skilled EB-5 professionals to discuss pressing matters and keep readers up to date on the constantly changing laws and legislation pertaining to EB-5. Each of the publication’s articles is peer-reviewed and provides high-quality objective analysis to an audience of attorneys, EB-5 regional centers, migration agents, wealth managers, and EB-5 service providers. EB5 Investors Magazine serves as a tool to empower voices in the EB-5 community and help the program fulfill its potential.
Access full article here.
To show your support for the reauthorization and reform of the EB-5 program, join the Coalition to Save and Create Jobs (free), a coalition focused on EB-5 Regional Center Program reauthorization. Members include EB-5 investors, trade associations, chambers of commerce, municipalities and mayors' offices, community banks, economic development organizations, health care facilities, and more.