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EB-5 Archives - CMB Regional Centers
CMB Regional Centers Announces First I-526E Approval for Investor in Hillwood Detroit Fairgrounds Project

CMB Regional Centers Announces First I-526E Approval for Investor in Hillwood Detroit Fairgrounds Project

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 88 – Hillwood Detroit Fairgrounds EB-5 project.

Investors who secure approval of an I-526E petition by United States Citizenship and Immigration Services (USCIS) are eligible for conditional permanent residency in the United States. These petitions are adjudicated by USCIS per investor-specific criteria. More than 5,700 CMB investors have secured I-526/I-526E approvals, to date.

“It’s great to see USCIS adjudicating petitions for our high-unemployment project investors at a steady rate this autumn,” said Noreen Hogan, President at CMB. “We’re looking forward to celebrating more and more of these approval milestones alongside our investors as we close out 2025.”

CMB Group 88 represents the fifth CMB Partnership to observe first I-526E approvals over the past few months, including:

Hillwood Development Company (Hillwood) leveraged $24 million in Group 88 EB-5 capital to develop and construct an ~180,000 square-foot class-A logistics facility for a Top 40, Fortune 500 tenant and to construct ~292,000 square feet in new, speculative logistics/warehousing space.

Hillwood and CMB have teamed up on over 40 projects which leveraged EB-5 capital, creating one of the strongest-lender borrower relationships in EB-5 history with 63,000+ American jobs created and more than $600 million repaid 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 major international toy manufacturer. The EB-5 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]

EB-5 vs. the Trump Gold Card: A Family Wealth Comparison

EB-5 vs. the Trump Gold Card: A Family Wealth Comparison

With the unveiling of the Trump Gold Card on September 19, 2025, high-net-worth immigrant investors now have a new option to consider when seeking permanent residency in the United States. The newly announced Trump Gold Card ($1 million per applicant*) joins the long-established EB-5 Immigrant Investor Program, (minimum returnable investment of $800,000 per family) as a merit-based immigration pathway powered by a financial contribution.

Those evaluating the two options may want to consider how the immigration pathway they choose aligns with their financial situation, aspirations, and long-term planning for building wealth in America.

Let’s look at the math for a family of three considering their options:

  • The Gold Card’s (EB-1/EB-2) entry cost would be about $3 million – a non-refundable cost in the form of a gift to the United States government.
  • The EB-5 Immigrant Investor program requires a single $800,000** investment per family (including the principal applicant, spouse, and eligible children under 21 not previously married).
  • Once the project is complete and the required “at-risk” period is satisfied, the new commercial enterprise (NCE) is able   to return investment capital to the investor.

The EB-5 pathway not only offers a route to a U.S. green card but also has the potential to provide the immigrant investor with a financial foundation to begin building family in America.

For example: After the return of the EB-5 capital, an immigrant family who invests the $800,000 into a market index fund could generate 10%[1] returns based on the historical market averages. The chart below represents a 10-year return scenario for the aforementioned family of three, assuming the EB-5 return at year five and subsequently invested in a market index fund:

Visa Pathway

Family Members

Upfront Cost

Value after 10 years[2]

Net Wealth Gain/Loss

Trump Gold Card

3

$3,000,000

$0

($3,000,000)

EB-5 Immigrant Investor Program

3

$800,000

$1,290,000

+$490,000

The hypothetical family had the choice to spend $3 million on a non-refundable gift or potentially growing an $800,000 investment into $1.29 million[3].[4] Financials aside, both of these options promise to result in the same outcome for the family of three: permanent residency in the United States for each of them.

Successful return of capital in an EB-5 investment begins with proper due diligence and in selection of the right Regional Center partner. As one of the most experienced Regional Centers in the EB-5 industry, CMB Regional Centers’ track record of helping thousands of families achieve permanent residency is underpinned by a 100% project approval rate and more than $1.4 billion returned to investors.

If you are interested in exploring EB-5 investment opportunities or would like more information about how  EB-5 compares to the Trump Gold Card, please contact CMB Regional Centers at [email protected].

— 

* “Per-investor” is an assumption, for demonstrative purposes, based on interpretation of Executive Order.

** When investment is made in a qualified project in a rural or high-unemployment area, or a qualified infrastructure project

[1] Average Stock Market Return: S&P 500 Historical Performance | SoFi

[2] Average Stock Market Return: S&P 500 Historical Performance | SoFi

[3] Over a 10-year period.

[4] CMB Regional Centers is providing this example for demonstrative purposes and is not providing financial advice.  Please consult with your financial advisors for what investment plans may be best in your situation.

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]

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