In the latest podcast episode of the Immigration Insights Series, hosts Kate Kalmykov and Jennifer Hermansky, shareholders in Greenberg Traurig’s Immigration & Compliance Practice, address the latest challenges and opportunities facing EB-5 investors and regional centers in 2025.
Continue Reading Immigration Insights Episode 20 | Demystifying EB-5 Funding: Loans, Installments, and the Latest USCIS Rules

In recent months, U.S. Citizenship and Immigration Services (USCIS) has reportedly issued denials of EB-5 immigrant investor petitions (Form I-526E) where investors filed after making only an initial installment toward their qualifying EB-5 investment, but later missed the deadline for subsequent installments into the New Commercial Enterprise (NCE). These denials highlight a fundamental legal principle…

On July 29, 2025, the U.S. District Court for the District of Columbia declined to intervene in the ongoing dispute over the EB-5 investment sustainment period, leaving current U.S. Citizenship and Immigration Services (USCIS) guidance in effect and confirming that formal regulations clarifying the EB-5 Reform and Integrity Act (RIA)’s requirements are expected to be…

In this episode of GT’s Immigration Insights series, Greenberg Traurig attorneys Kate Kalmykov and Jennifer Hermansky examine President Donald Trump’s recent announcement about introducing a Trump Gold Card, a new $5 million investment-based green card, and its implications for the existing EB-5 visa program in the United States.

Kate and Jen provide insights into the…

On Feb. 25, 2025, President Trump announced that he will seek to end the U.S. EB-5 Immigrant Investor Program, which provides foreign investors with permanent residency in the United States. The EB-5 program requires a foreign national to invest in U.S. businesses that create 10 or more jobs per investor. The program has an investment…

United States Citizenship and Immigration Services (USCIS) has published EB-5 program data for Fiscal Year 2024, Quarter 4.  The released data show a high rate of denial for I-526 petitions versus I-526E petitions. 

The denial rate for I-526 petitions was around 30%, which means USCIS issued denials for almost a third of all applicants that invested funds. These…

Please join Greenberg Traurig Immigration & Compliance Practice attorneys Dillon R. Colucci, Agnes Cha Rudinsky, and Caterina Cappellari for a discussion on the E-2 and EB-5 investor visa process. The United States offers unique opportunities for foreign investors through various programs designed to facilitate business growth and economic expansion. This webinar offers an…

U.S. Citizenship and Immigration Services (USCIS) released new information on its website about the International Entrepreneur Rule’s (IER) eligibility criteria and acceptable evidence. It also announced updates to investment and revenue requirements for entrepreneurs to qualify for an authorized stay, known as parole, under the IER. Based on the public benefit their startup entities…

GT Immigration & Compliance Practice Shareholder Jennifer Hermansky, the newly appointed EB-5 Committee chair for the American Immigration Lawyers Association, is featured on the EB5Investors.com blog. She discusses the challenges and trends in the EB-5 visa landscape, particularly the impact of the Reform and Integrity Act of 2022 and the re-adjudication of the source of funds and…

Please join Kate Kalmykov, co-chair of GT’s Global Immigration & Compliance Practice, for an upcoming webinar Feb. 7, 2024, at 2 p.m. EST. 

Kate will be joined by immigration attorney Rohit Kapuria and EB5AN managing partners Sam Silverman and Mike Schoenfeld, who will discuss best practices for making a partial EB-5 investment of…