EB5 Investors Magazine English Edition Volume 6, Issue 2 | Page 117

OPINION The Outlook for the EB-5 Industry Consensus Remains Vital to the Future of a Successful Program If the EB-5 industry can set aside differences and come together in an agreement of needed reforms, that would be a critical first step to secure the program’s future and visa number shortage. By Jeffrey B. Carr T ime and time again over the last three to four years, the future of the EB-5 program has gone back and forth on the pros and cons of various program reforms. With larger issues such as Deferred Action for Childhood Arrivals (DACA) and border wall funding now hanging over broader immigration policy discussions in Washington, EB-5 reforms continue as a second or even third-tier issue. The dawning of the new congress in 2019, with the change in control of the House, represents another, and perhaps the best opportunity in years to get a workable deal. A workable deal from the perspec tive of the industry means not only meeting the many challenges of a successful EB-5 program reform, but also successfully seizing the opportunity to reach an agreement on how to EB5INVESTORS.COM 117