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EB-5 Regional Center Program Gets Temporary Extension

Posted: September 29th, 2008 | Author: | Filed under: Investor Visas | No Comments »

On 09/27/08, the Senate passed, by a 72-12 vote, the fiscal 2009 continuing resolution (H.R. 2638) which would extend funding for all government operations through March 6, 2009.

The bill, which was passed by the House of Representatives on 09/24/08, includes an extension of the basic pilot/E-verify program (section 143) and an extension of the EB-5 regional center pilot program (section 144). Both extensions would only last through the term of the continuing resolution.

The measure now heads to the President for signature.  It does not take effect until signed.

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Written by Chris Jaensch

Chris Jaensch

Attorney P. Christopher Jaensch received a Bachelor of Arts degree in History in 1992 and a Juris Doctor degree in 1995 from the University of Florida. While at UF, he was a member of Sigma Chi Fraternity, Phi Beta Kappa Society and Florida Blue Key, the oldest and most prestigious leadership honorary in the state of Florida.

Mr. Jaensch is a member of the Florida Bar, the American Immigration Lawyers Association (AILA) and the Sarasota Bar Association. He has served as President of the Sarasota-Manatee International Trade Club and served as Regional Vice Chair, Tampa Bay, for the Central Florida Chapter of AILA. He was a member of City of Sarasota Charter Review Committee and has been active in several local organizations, including the influential Laurel Park Neighborhood Association in downtown Sarasota.

Mr. Jaensch has over 18 years of experience in the field of immigration and nationality law and focuses his practice on four primary categories (a) investors and entrepreneurs, (b) business executives, managers and professionals, (c) amateur and professional athletes and coaches and (d) performing artists and immigrants with extraordinary ability.

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