News & Analysis as of

Green Cards Foreign Investment United States Citizenship and Immigration Services

Cozen O'Connor

Possible Massive Changes to the EB-5 Investor Program

Cozen O'Connor on

OVERVIEW - •Speaking to the press on February 25, 2025, President Trump announced an idea for a new “gold card” visa and pathway to citizenship for foreign investors paying $5 million. •Additional information has not been...more

Saul Ewing LLP

Gold Card Program

Saul Ewing LLP on

Speaking from the Oval Office this afternoon, President Trump proposed replacing the EB-5 Program with a new program that would offer “gold cards” for $5 million to wealthy foreign nationals seeking residency, and...more

Jackson Lewis P.C.

EB-5 Program Changes Under Reform and Integrity Act

Jackson Lewis P.C. on

The EB-5 Immigrant Investor Program has gone through significant changes in 2022 due to the enactment of the EB-5 Reform and Integrity Act (RIA). Created in 1990 to stimulate the U.S. economy through job creation and...more

Mintz - ML Strategies

DHS’s Final EB-5 Regulations: What Stakeholders Need to Know

Mintz - ML Strategies on

The Department of Homeland Security (DHS) has published final regulations that change some of the key features of the EB-5 Program, which makes approximately 10,000 green cards available each year for qualifying investors and...more

Polsinelli

Modernization at Last: Insight to the Newly Published EB-5 Modernization Rules … Now the Race is On...

Polsinelli on

On July 23, 2019, United States Citizenship and Immigration Services’ (USCIS) regulations to update the Immigrant Investor Program were published in the Federal Register. The new EB-5 Immigrant Investor Program Modernization...more

Cozen O'Connor

Stopgap Bill to End Government Shutdown passes Congress, extends EB-5 Program 3 weeks

Cozen O'Connor on

The federal government shutdown came to an end as the House and the Senate passed a Continuing Resolution (the “CR”) which extended the Federal budget until February 8, 2018. The President signed the bill late Monday night. ...more

Ballard Spahr LLP

EB-5 Program Extended by Continuing Resolution to December 9 Without Changes

Ballard Spahr LLP on

The U.S. Immigrant Investor Program (EB-5) has been extended through December 9, 2016, following the recent signing of a continuing resolution to fund the federal government and avoid a shutdown. The EB-5 Program provides a...more

Mintz - EB-5 Financing Viewpoints

I-829 Delays Reach All-Time Record: Thousands of EB-5 Investors in Limbo at USCIS

On August 11, 2016, USCIS published new processing times for I-829 petitions. The news is not good for EB-5 investors. USCIS is now taking in excess of 21 months to adjudicate I-829 petitions. This means that EB-5 investors...more

Mintz

EB-5 Due Diligence Matters

Mintz on

Private placement offerings are an increasingly active part of the securities business. One especially complicated and emerging area of private placements is the EB-5 Investor Visa Regional Center Program. Under the current...more

Akerman LLP

SEC Files Complaint Against U.S. Company for Ponzi Scheme - Includes EB-5 Investors

Akerman LLP on

On Monday July 6, 2015, the Securities and Exchange Commission (the "SEC") charged Luca International Group, LLC, a San Francisco area oil and gas company, and its affiliated companies ("Luca") and certain of its executives,...more

Mintz

EB-5 Program Reauthorization: Proposed Legislative Reforms

Mintz on

Created by the Immigration Act of 1990, the Immigrant Investor Program, more commonly referred to as the EB-5 program, offers foreign investors an opportunity to secure permanent residency in the United States by making a...more

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