News & Analysis as of

Trump Administration Foreign Investment United States Citizenship and Immigration Services

Offit Kurman

Trump’s $5 Million “Gold Card” Visa: What it Means for EB-5 Investors

Offit Kurman on

President Donald Trump recently announced a proposed “Gold Card” visa, sparking speculation about its potential impact on the EB-5 Immigrant Investor Program. While details remain unclear, this proposal raises important...more

Jackson Lewis P.C.

Plans to Replace EB-5 Immigrant Investor Program

Jackson Lewis P.C. on

President Donald Trump has announced that he plans to offer the “Trump Gold Card” to replace the existing EB-5 Immigrant Investor Program. The Trump Gold Card Program would allow an investor who is willing to invest $5...more

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

Polsinelli

Continuing Resolution Would Extend the EB-5 Program to December 7

Polsinelli on

On September 27, 2018, the House of Representatives passed an $854 billion spending bill, H.R. 6157 - Department of Defense and Labor, Health and Human Services, and Education Appropriations Act, 2019 and Continuing...more

Polsinelli

Congress Kicks the Can a Bit Further: The EB-5 Program Is Extended to September 30th

Polsinelli on

On March 23, 2018, Congress passed and President Trump signed the Omnibus Appropriations Act for Fiscal Year 2018 (the “Omnibus Act”), a $1.3 trillion spending bill, as federal funding and the EB-5 program were due to expire....more

Polsinelli

What’s Next for the EB-5 Program?

Polsinelli on

Congress recently passed and President Trump signed a comprehensive two-year defense spending budget agreement for fiscal years 2018 and 2019 to prevent an extended federal government shutdown. The legislation also contained...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

Cozen O'Connor

Continuing Resolution extends EB-5 Program until January 2018

Cozen O'Connor on

As expected, the House and the Senate passed a Continuing Resolution (the “CR”) last week which extended the Federal budget until January 19, 2018. It is expected that the President will sign the CR. This new short-term...more

Polsinelli

EB-5 Immigrant Investor Program: Following Extension, Next Decision Looms

Polsinelli on

As part of the two-week spending bill that avoids a government shutdown, the Immigrant Investor Program known as EB-5 is extended unchanged through Dec. 22. Without much buzz on Capitol Hill to suggest the imminent release of...more

Cozen O'Connor

EB-5 Program Is Extended Without Changes Until December 8, 2017

Cozen O'Connor on

On September 8, President Trump signed into law H.R. 601 which will keep the U.S. federal government open through December 8, 2017. As a result, the EB-5 Regional Center Program is now extended until such date without any...more

Mintz - EB-5 Financing Viewpoints

Lawmakers May Not Spend Political Capital on Stand-Alone EB-5 Bill

The chances of a stand-alone EB-5 bill gaining consensus with lawmakers on Capitol Hill are low. With the GOP failing to repeal the Affordable Care Act, lawmakers may be spending time readjusting priorities in unexpected ways...more

Pierce Atwood LLP

Trump Administration Blocks Final Rule Creating Legal Immigration Status for Startup Entrepreneurs

Pierce Atwood LLP on

The Trump Administration has delayed the effective date of an Obama Administration rule that would have provided a legal immigration status for foreign entrepreneurs. The rule, originally announced in January 2017, was...more

Cozen O'Connor

Homeland Security Temporarily Delaying Effective Date of International Entrepreneur Final Rule

Cozen O'Connor on

On Tuesday, July 11, 2017, the Department of Homeland Security published notice in the Federal Register delaying the implementation of the International Entrepreneur Rule. After last month’s prediction that the Trump...more

Goulston & Storrs PC

The Future of EB-5 is Being Viewed through a Different Lens

Goulston & Storrs PC on

Developers, investors and other stakeholders are looking for signs as to how the new administration will approach legal immigration, specifically immigration fostered by the EB-5 Regional Center Program. As we reported in...more

Bradley Arant Boult Cummings LLP

A Sign of Things to Come? Trump’s Regulatory Freeze and Other Early Actions

Behind the pomp and circumstance of Friday’s inauguration, President Donald J. Trump and his administration set their sights on deploying a new guard of regulatory and economic policies focused on reducing burdensome...more

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