In a surprising move, President Trump announced plans to replace the US EB-5 Immigrant Investor Program with a new “Gold Card” program, priced at $5 million. While details remain scarce, this has left current and potential EB-5 investors uncertain about the program’s future.
The EB-5 program, established in 1990, allows foreign investors to obtain US green cards by investing a minimum of $800,000 into job-creating projects. Despite Trump’s announcement, the program remains legally intact, having been reauthorized in 2022 and not up for reconsideration until 2027.
Any changes to the EB-5 program would require Congressional approval, a process that could take years. However, Trump may attempt to enact changes through an executive order, potentially leading to legal challenges.
Industry experts, like US lawyer Preeya Malik of Step Global, urge investors to act quickly before any potential changes take effect. Filing an EB-5 application now ensures eligibility under current laws and the existing investment threshold.
While the fate of the EB-5 program remains uncertain, one thing is clear—those seeking a US green card through investment should consider moving forward sooner rather than later.
