Court May Invalidate 2019 EB-5 Regulations While Regional Center Legislative Expiration Looms
By EsqSocial Corporation 14/05/21
A magistrate judge in federal court in California seems likely soon to issue an order invalidating the 2019 EB-5 regulations despite current DHS Secretary Mayorkas' recent ratification of same. The probable results: (1) immediate stagnation of EB-5 investments while the dust settles on court cases and pending legislative process, even though proceeding with existing plans to invest might be wise before June 30; and (2) a scramble by project developers to prepare offerings that could take...
By: Baker Donelson