Grassley: Trump's Actions to Restore Integrity in EB-5 Program is Win for Rural America
July 23, 2019
July 23, 2019
WASHINGTON, July 23 -- Sen. Charles E. Grassley, R-Iowa, issued the following news release:
After years of bipartisan attempts to reform the fraud-laden EB-5 investor visa program stalled in Congress, the Trump administration is implementing new regulations to improve the program for the first time since 1993. Among other reforms, the regulations crack down on a practice that syphons investments away from rural and economically-depressed areas that the program was designed to help. . . .
After years of bipartisan attempts to reform the fraud-laden EB-5 investor visa program stalled in Congress, the Trump administration is implementing new regulations to improve the program for the first time since 1993. Among other reforms, the regulations crack down on a practice that syphons investments away from rural and economically-depressed areas that the program was designed to help. . . .