About: EB-5 Reform and Integrity Act

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The EB-5 Reform and Integrity Act is bipartisan legislation introduced in 2019 and again in 2021 in Congress that would reform the EB-5 Immigrant Investor federal program, which provides green cards to certain foreign investors. The Senate bill (S. 831) was authored by U.S. Senators Chuck Grassley (R-IA) and Patrick Leahy (D-VT). In the House (H.R. 2901), it was authored by U.S. Rep. Greg Stanton (R-AZ). The legislation was written after several high-profile problems with fraud misappropriation of investor funds put the program's integrity in question. The EB-5 Reform and Integrity Act, if signed into law, would reform the rules and regulations for the approval of green cards to foreign investors and attempt to root out "bad actors" at regional centers, which are public-private organizatio

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dbo:abstract	The EB-5 Reform and Integrity Act is bipartisan legislation introduced in 2019 and again in 2021 in Congress that would reform the EB-5 Immigrant Investor federal program, which provides green cards to certain foreign investors. The Senate bill (S. 831) was authored by U.S. Senators Chuck Grassley (R-IA) and Patrick Leahy (D-VT). In the House (H.R. 2901), it was authored by U.S. Rep. Greg Stanton (R-AZ). The legislation was written after several high-profile problems with fraud misappropriation of investor funds put the program's integrity in question. The EB-5 Reform and Integrity Act, if signed into law, would reform the rules and regulations for the approval of green cards to foreign investors and attempt to root out "bad actors" at regional centers, which are public-private organizations that allocate the program's revenues to local public works and investment projects. (en)
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dbo:wikiPageExternalLink	https://iiusa.org/ https://www.congress.gov/bill/116th-congress/senate-bill/2540 https://www.congress.gov/bill/117th-congress/house-bill/2901 https://www.congress.gov/bill/117th-congress/senate-bill/831 https://www.uscis.gov/working-united-states/permanent-workers/employment-based-immigration-fifth-preference-eb-5/about-eb-5-visa-classification https://travel.state.gov/content/travel/en/us-visas/immigrate/immigrant-investor-visas.html https://iiusa.org/blog/section-by-section-summary-of-eb-5-reform-and-integrity-act-of-2021-is-now-available/
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dbp:fullname	To reauthorize the EB-5 Regional Center Program in order to prevent fraud and promote and reform foreign capital investment and job creation in American communities. (en)
dbp:introducedbill	S. 831 (en)
dbp:introducedby	dbr:Chuck_Grassley
dbp:introduceddate	2021-03-18 (xsd:date)
dbp:introducedin	Senate (en)
dbp:name	EB-5 Reform and Integrity Act of 2021 (en)
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rdfs:comment	The EB-5 Reform and Integrity Act is bipartisan legislation introduced in 2019 and again in 2021 in Congress that would reform the EB-5 Immigrant Investor federal program, which provides green cards to certain foreign investors. The Senate bill (S. 831) was authored by U.S. Senators Chuck Grassley (R-IA) and Patrick Leahy (D-VT). In the House (H.R. 2901), it was authored by U.S. Rep. Greg Stanton (R-AZ). The legislation was written after several high-profile problems with fraud misappropriation of investor funds put the program's integrity in question. The EB-5 Reform and Integrity Act, if signed into law, would reform the rules and regulations for the approval of green cards to foreign investors and attempt to root out "bad actors" at regional centers, which are public-private organizatio (en)
rdfs:label	EB-5 Reform and Integrity Act (en)
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