EB-5 Archives - CMB Regional Centers
Permanent Green Card Petition Approved for Investor in CMB Regional Centers Chino Hills Project

Permanent Green Card Petition Approved for Investor in CMB Regional Centers Chino Hills Project

CMB Regional Centers (CMB), one of the most experienced regional center operators in the EB-5 industry, today announced that United States Citizenship and Immigration Services (USCIS) has approved the first I-829 petition for an investor in the CMB Group 52 – Chino Hills Residential project.

An I-829 petition represents an EB-5 investor’s request to have the conditions on their permanent residency status removed. USCIS approval confirms the investor has met the requirements of the EB-5 Immigrant Investor program and grants the investor and eligible family members permanent residency without conditions in the United States.

“For nearly 30 years, we have celebrated each and every one of these incredible moments alongside our investors,” said Noreen Hogan, President at CMB. “Even after thousands of I-526/I-526E and I-829 approvals, it’s an amazing feeling to see yet another prospective immigrant to the United States complete their EB-5 journey and achieve permanent residency.”

USCIS has approved over 5,700 petitions for conditional green cards in connection with CMB partnerships.* Since being founded in 1997, CMB has repaid over $1.4 billion USD to its investors.

A collaboration with long-time partner Hillwood Development Company (Hillwood), the Group 52 EB-5 project represents an infill, mixed-use residential development consisting of 149 single family homes, 9,000 square feet of retail space, and 9,000 square feet of restaurant space.

Across more than 40 EB-5 projects, CMB and Hillwood have cultivated arguably the most successful lender-borrower relationship in the immigrant-investment space, creating more than 63,000 American jobs and repaying more than $500 million to investors.

*I-526/I-526E and I-829 approvals are audited on a quarterly basis by Forvis Mazars, LLP, a third-party national accounting firm.

 

About CMB Regional Centers

CMB has assisted over 6,700 investor families, from over 100 countries, in their pursuit of immigrating to the United States through America’s EB-5 Immigrant Investor visa program. CMB currently maintains a 100% project approval rate on all partnerships that have undergone USCIS adjudication. CMB EB-5 partnerships are projected to have created more than 215,000 American jobs.

To date, CMB has repaid over $1.4 billion USD to investors.

To learn more, contact CMB directly at [email protected]

Gold Card Immigration Program Officially Launched

Gold Card Immigration Program Officially Launched

The latest America-first initiative from the Trump Administration promises to expand legal pathways to permanent residency in the United States

On September 19, President Trump signed an executive order (EO) formally establishing the “Gold Card” program, a new gift-based path to permanent residency in the United States.

We feel it is important to clarify the details of what this program entails, which differ significantly from earlier announcements, and how it compares to the long-standing EB-5 Immigrant Investor Program.

Gold Card 101: What is it?

 

According to the EO…

  • Agencies charged with the rollout will constitute a $1 million gift as evidence of an extraordinary ability to qualify under EB-1 or EB-2, subject to final rules and adjudication.
  • Corporations may sponsor an individual candidate for a $2 million gift.
  • The singular $1 million or $2 million gifts are non-refundable.
  • Capital contributions are paid directly to the Department of Commerce, with vetting handled by the Department of Homeland Security.
  • Overall, the proposed program adopts a fee-for-residency model.


Gold Card: Fact or Fiction

 

Claim / Gold Card Feature Explicitly in the EO Not in the EO (Ambiguous)
Derivative (spouse/children) coverage The EO makes no mention of derivatives (spouse/children) The EO does not guarantee that dependents will be included under the same $1 million gift and application as the primary applicant.
Expedited adjudication / “expedited processing” The EO orders that application and adjudication be “expedited…to the extent consistent with law and public safety and national security” The EO does not specify how fast “expedited” is nor what it entails, or how the current visa backlog in the EB-1/EB-2 visa categories will be resolved. The EO does not override per-country visa caps. Applicants from India or China may face significant wait times.
Implementation timeline The EO gives 90 days to implement procedures: application, adjudication, visa issuance, adjustment of status, when to start accepting “gifts,” fees, etc. The EO does not commit to a launch date for actual submissions/applications beyond saying agencies must designate the date for accepting gifts. It does not guarantee the program will be fully functional in 90 days or whether an application will encompass families or one individual.
Visa category The EO does not create a new visa category. Instead, it integrates the gift concept into existing employment-based (EB) visa preference categories (EB-1 and EB-2) The EO does not amend statutory caps, impact per-country limits, or override visa numerical ceilings.
Tax treatment / exemption for non-U.S. income The EO does not include any tax exemptions or rules about taxation of non-U.S. income. The promise (on tertiary websites) that a “Platinum Card” would allow up to 270 days in U.S. without U.S. tax on non-U.S. income is not in the EO.
Relationship to EB-5 The EO specifies EB-1 and EB-2 as the visa categories aligned with the Gold card. The EO does include a clause wherein agencies could “consider expanding the Gold Card program to visa applicants under 8 U.S.C. 1153(b)(5) .

The EO does not attempt to terminate or repeal EB-5* or state the Gold Card is a replacement.

 

 

 

How EB-5 Compares

 

The Gold Card may appeal to individual applicants willing to pay a non-refundable gift of $1 million, while EB-5 will likely remain the choice for those who prioritize a family-centric immigration path with the possibility of full repayment of capital.

  • Gold Card: For a $1 million gift to the U.S. government, the prospective immigrant can apply for an experimental pathway toward an EB-1 / EB-2 Gold Card visa, pending resolution of the proposed rollout and barring any legal challenges of implementation.
  • EB-5: For an $800,000 investment**, the prospective immigrant could invest in a job-creating project to qualify for an EB-5 immigrant investor permanent visa.

Both EB-5 and the EB-1/EB-2 Gold Card represent America-first pathways for global investors:

  • Gold Card: Underpinned by financial contributions/gifts from prospective immigrants that are aligned to national interest.
  • EB-5: Family-centric immigration with a focus on creating American jobs and investment in American communities.

Each serves a distinct and important need of the American people: creating jobs (EB-5) and reducing the national deficit (EB-1/EB-2 Gold Card).

 

For Additional Resources:

 

Comprehensive Guide to the EB-5 Program

Step-by-Step Guide to EB-5

A Data-Driven Look at the EB-5 Program

 

*EB-5 is fully reauthorized by Congress through September 30, 2027 under the EB-5 Reform and Integrity Act of 2022 (RIA).

**$800,000 investment amount applies to qualified investments in projects located in a Targeted-Employment Area.

First Investor in CMB Regional Centers Hillwood DTW Air Cargo Project Receives I-526E Approval

First Investor in CMB Regional Centers Hillwood DTW Air Cargo Project Receives I-526E Approval

CMB Regional Centers (CMB), one of the most experienced regional center operators in the EB-5 industry, today announced the first I-526E approval for an investor in the CMB Group 91 – Hillwood DTW Air Cargo EB-5 project.

Approval of an I-526E petition by United States Citizenship and Immigration Service (USCIS) indicates an EB-5 investor’s eligibility for permanent residency in the United States. Petitions are adjudicated according to investor-specific criteria. To date, more than 5,700 CMB investors have secured I-526/I-526E approval, indicating their eligibility for conditional permanent residency in the United States.

CMB Group 91 marks the fourth CMB Partnership to begin receiving I-526E approvals over the past two weeks, including:

“It’s refreshing to see more and more adjudications from USCIS for investors in our high-unemployment projects,” said Noreen Hogan, President at CMB. “We’re encouraged at the steady clip of conditional green card approvals we’ve observed and, of course, could not be more thrilled for our investors.”

Hillwood Development Company (Hillwood) utilized CMB Group 91 EB-5 funds as part of the overall financing for the development and construction of an air cargo and support facilities on the footprint of the Detroit Wayne County Metropolitan Airport (DTW). The development is specifically designed to meet the consolidation plans and onsite air operations of the tenant, a Fortune 500 air cargo company. DTW is one of the world’s largest air transportation hubs, with more than 1,100 flights per day, and is operated by the Wayne County Airport Authority.

CMB and Hillwood have cultivated one of the strongest lender-borrower track records in the EB-5 industry. Since 2012, CMB and Hillwood have collaborated on more than 40 EB-5 projects, creating more than 63,000 American jobs and repaying more than $500 million to investors.

The latest collaboration between CMB and Hillwood, CMB Group 100 – Hillwood Flywheel (Build-to-Suit), will include the development and construction of a Class-A build-to-suit distribution facility in Virginia for a manufacturer of toys. The project is currently open for subscription.

 

About CMB Regional Centers

CMB has assisted over 6,700 investor families, from over 100 countries, in their pursuit of immigrating to the United States through America’s EB-5 Immigrant Investor visa program. CMB currently maintains a 100% project approval rate on all partnerships that have undergone USCIS adjudication. CMB EB-5 partnerships are projected to have created more than 215,000 American jobs.

To date, CMB has repaid over $1.4 billion USD to investors.

To learn more about CMB or CMB Group 100, contact CMB directly at [email protected]

First Investor in CMB Regional Centers Downtown Dallas Project Receives I-829 Petition Approval

First Investor in CMB Regional Centers Downtown Dallas Project Receives I-829 Petition Approval

Represents the 61st CMB partnership with investors who achieved permanent residency (conditions removed) in the United States through the EB-5 program

DALLAS, September 30, 2024 – CMB Regional Centers (CMB), one of the most experienced regional center operators in the EB-5 industry, today announced the first approval of petition I-829 for an investor in its Group 65 – Stillwater Deep Ellum project. Approval of the I-829 petition is the final step in the EB-5 visa process for immigrant investors to achieve permanent residency in the United States (U.S.).

CMB Group 65 is the 61st partnership through which EB-5 investors successfully became permanent residents of the U.S. by the removal of conditions on their green card. “At the end of the day, an investor achieving this life-changing milestone is the culmination of everything we do here,” said Noreen Hogan, President at CMB. “We’re proud and humbled that we were able to play a part in this investor’s successful pursuit of permanent residency in the U.S. We look forward to many more I-829 approvals for investors across our EB-5 partnerships.”

The CMB Group 65 – Stillwater Deep Ellum project was undertaken in conjunction with Stillwater Capital Investments and included the development and construction of a five-story, 336-unit rental complex in the trendy and rejuvenated Deep Ellum neighborhood of Dallas, Texas.

The announcement of the I-829 approval in CMB Group 65 comes amidst a month characterized by momentum for CMB partnerships, and investors alike, with record-setting speed for I-956F approvals and the regional center’s first I-526E approval for an investor from its Group 87 – Kona Bay Hampton Inn project, earlier this week.

Other approved CMB partnerships include (but are not limited to):

About CMB Regional Centers

CMB Regional Centers (CMB) has been a leader in the EB-5 industry for over 25 years, with its first regional center designation approved in 1997. Since then, CMB has assisted over 6,400 investor families, from over 100 countries, in their pursuit of immigrating to the United States. CMB currently maintains a 100% project approval rate on partnerships that have undergone United States Citizenship and Immigration Services (USCIS) adjudication. To date, CMB has repaid over $1.3 billion USD to investors.

To learn more about CMB, the EB-5 program, and Group 89 please visit the CMB website or contact us directly at [email protected].

To learn more about CMB, the EB-5 program, and Group 89 please visit the CMB website or contact us directly at [email protected].

Investor in CMB Regional Centers Rural EB-5 Project Receives Conditional Green Card Approval

Investor in CMB Regional Centers Rural EB-5 Project Receives Conditional Green Card Approval

First I-526E petition adjudicated only 2.5 months after the project was approved by the USCIS

DALLAS, September 25, 2024 – CMB Regional Centers (CMB), one of the most experienced regional center operators in the EB-5 industry, today announced the first approval of petition I-526E for an investor in its Group 87 – Kona Bay Hampton Inn project. The I-526E approval comes 2.5 months after the rural EB-5 project received I-956F approval from the United States Citizenship and Immigration Services (USCIS), which confirms that the project meets all necessary EB-5 requirements.

An I-526E approval signifies the eligibility of the investor and their immediate family members for conditional permanent residency in the United States. The Group 87 investors will be eligible for visas in the “rural” set aside category as designated by the EB-5 Reform and Integrity Act of 2022 (RIA).

“We are relentless in our pursuit of best-in-class projects that provide our investors the strongest opportunities to achieve permanent residency in the United States,” said Noreen Hogan, President at CMB. “We’re thrilled that yet another of our limited partners has secured this monumental achievement, and we look forward to the additional I-526E adjudications for Group 87 that are sure to follow.”

The CMB Group 87 – Kona Bay Hampton Inn project was undertaken in conjunction with Shapery Enterprises and consists of the redevelopment of a historic hotel in Kailua-Kona, on the west side of the big island of Hawaii. The EB-5 partnership secured I-956F approval from the USCIS just under seven months after filing and just 2.5 months before this first I-526E petition was adjudicated.

CMB Group 87 is one of ten CMB EB-5 partnerships to achieve an I-956F approval under the RIA. Other approved partnerships include:

About CMB Regional Centers

CMB Regional Centers (CMB) has been a leader in the EB-5 industry for over 25 years, with its first regional center designation approved in 1997. Since then, CMB has assisted over 6,400 investor families, from over 100 countries, in their pursuit of immigrating to the United States. CMB currently maintains a 100% project approval rate on partnerships that have undergone United States Citizenship and Immigration Services (USCIS) adjudication. To date, CMB has repaid over $1.3 billion USD to investors.

To learn more about CMB, the EB-5 program, and Group 89 please visit the CMB website or contact us directly at [email protected].

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