Below is a detailed analysis of the Gold Card program’s structure, requirements, risks, and how it compares to the long-established EB-5 investor visa category.
Continue Reading The Gold Card Program Explained—And How It Compares to EB-5
USCIS Continues EB-5 Regional Center Audits Under the Reform and Integrity Act
U.S. Citizenship and Immigration Services (USCIS) continues to issue formal notifications initiating audits of EB-5 Regional Centers under the EB-5 Reform and Integrity Act of 2022 (RIA)’s authority.
The RIA requires USCIS to audit each approved Regional Center at least once every five years to ensure continued compliance with EB-5 program requirements. The audit process
President Trump Addresses EB-5 Green Card Program and Proposes New Gold Card Immigration Program
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
U.S. Senator Paul Seeks to Overturn Recent Obama-Era EB-5 Regulations
According to multiple media sources and independently confirmed, last week U.S. Senator Rand Paul (R-KY) circulated a “Dear Colleague” letter seeking co-sponsors to a process called the Congressional Review Act (CRA) to negate the recently proposed Obama-era EB-5 regulations.
The CRA provides Congress with a 60-day window to seek sufficient support – here, 30 senators
EB-5 Regulations Summary
As previously blogged (see EB-5 Regulations Published for Public Inspection), the EB-5 regulations have been published as of July 24, 2019, as final, to take effect Nov. 21, 2019. Below is a summary of the changes that will impact the EB-5 program:
- Priority Date Retention: Generally, priority date retention can be retained
New EB-5 Regulations: Winners and Losers
OMB Completes Review of Obama-Era EB-5 Regulations
Today, OMB posted that they have concluded their review of the Obama-era EB-5 regulations. On Jan. 13, 2017, the Department of Homeland Security published a notice of proposed rulemaking to significantly raise minimum investment levels and other programmatic changes to the EB-5 program (see related GT EB-5 Insights post here). It is unclear what
New Bill Introduced to Use Economic Abilities of EB-5 to Assist Disaster Recovery in Declared National Disaster Areas
On April 9, 2019, Rep. González-Colón (R-PR-At Large) introduced H.R.2173 – a bill to amend the Immigration and Nationality Act to reserve EB-5 visas each fiscal year for investors in new commercial enterprises in areas where a major disaster has been declared by the president.
The bill is not publicly available as of this writing,
H.R. 5992: The American Job Creation and Investment Promotion Reform Act of 2016
As the Sept. 30, 2016, sunset date approaches for the EB-5 Regional Center program, the EB-5 industry has come together with a unified voice calling for the program to be extended with appropriate reforms. On Sept. 7, 2016, a letter was circulated to the Members of the Judiciary Committees of the U.S. Senate and
Recap of the Senate Judiciary Committee’s Hearing on the EB-5 Program
On Feb. 2, 2016, the Senate Judiciary Committee held its first hearing of the year regarding the EB-5 Program. The Committee took testimony from Chief of the U.S. Citizenship and Immigration Services Immigrant Investor Program Office, Nicholas Colucci, and the Associate Director, Division of Enforcement of the Securities and Exchange Commission, Stephen L. Cohen. Mr.