Charles Foster to Discuss EB-5 Green Card Deadline

Foster has advised presidents and testified before Congress on immigration matters. He noted that the EB-5 program has been a key pathway for wealthy immigrants, particularly from India and China, to obtain U.S. residency. Without reauthorization, new applications could be halted, leaving thousands of pending cases in limbo.

The deadline stems from the program's inclusion in a broader spending bill that expires in September. Foster emphasized that bipartisan support exists for the program, but political gridlock could delay action. He urged investors to file applications before the deadline to avoid potential disruptions.

Foster's comments come amid broader debates over U.S. immigration policy. The EB-5 program has faced criticism over fraud and misuse, but proponents argue it stimulates economic growth. Foster has guided thousands of individuals and companies through the immigration system over his career.