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On March 26, 2025, Carolyn Lee recapped on Investment Immigration Conversations her recent tour across six cities in China and discussed the latest developments in U.S. immigration policy related to the EB-5 program.
Key topics included the Trump Administration’s proposed $5 million “Gold Card” program, the EB-5 unreserved visa retrogression reported in the April 2025 Visa Bulletin, and the ongoing litigation surrounding the RIA sustainment period rules. Carolyn also answered live questions about backlog estimates, visa availability, and what to expect in the coming months. See below the timestamps for a more detailed overview of the topics covered during this webinar.
00:00 Introduction and China Tour Recap: Return from China trip, EB-5 market interest, filing fees rumor clarification
02:30 The “Gold Card” Program Explained: Details about the proposed $5M Gold Card, launch status, and public info
04:30 2025 Visa Bulletin and EB-5 Retrogression Overview: Explanation of the April Visa Bulletin and retrogression news
05:06 EB-5 Visa Categories and Annual Allocations: Set asides vs unreserved, visa number breakdown, and carryover
08:31 What Caused the Retrogression? U.S. State Department’s explanation, demand surge, approvals, and usage
11:22 Demand Breakdown by Country: China, India, and Rest-of-World visa usage and pipeline numbers
13:26 Outlook of EB-5 Unreserved Availability: Rest-of-world demand impact and hopes for rebalancing
14:30 Sustainment Litigation Update: Joint status report, USCIS and IIUSA positions on rulemaking
18:09 Interpretation of Pre vs Post-RIA EB-5 Regulations: USCIS comments on current vs new rules and possible implications
20:46 Q&A: Gold Card availability and requirements
21:59 Q&A: High Unemployment Area set aside wait time, multipliers explained
25:58 Q&A: Future Movement in Unreserved Category
Resources mentioned in the video:
- Lucid Blog by Suzanne Lazicki
- CLP Dec. 30, 2024 Investment Immigration Conversations: 2024 Year-End Lookback on the EB-5 Program under RIA
For follow-up questions, you are welcome to email us at contact@carolynleepllc.com.
