ARTICLE
8 October 2025

Immigration Insights Episode 17 | Recent Updates On The EB-5 Program: Expiration Of Grandfathering Under The RIA On The Horizon, Retrogression, Data On Visa Usage, Travel Ban And The Latest On The CSPA (Podcast)

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Greenberg Traurig, LLP

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Greenberg Traurig, LLP has more than 2,850 attorneys across 49 locations in the United States, Europe, the Middle East, Latin America, and Asia. The firm’s broad geographic and practice range enables the delivery of innovative and strategic legal services across borders and industries. Recognized as a 2025 BTI “Best of the Best Recommended Law Firm” by general counsel for trust and relationship management, Greenberg Traurig is consistently ranked among the top firms on the Am Law Global 100, NLJ 500, and Law360 400. Greenberg Traurig is also known for its philanthropic giving, culture, innovation, and pro bono work. Web: www.gtlaw.com.
In this timely episode of Big Law Redefined Podcast's Immigration Insights Series, Kate Kalmykov and Jennifer Hermansky, Greenberg Traurig Immigration & Compliance Practice attorneys, break down the latest developments in the EB-5 immigrant investor program as of September 2025.
United States Immigration

In this timely episode of Big Law Redefined Podcast's Immigration Insights Series, Kate Kalmykov and Jennifer Hermansky, Greenberg Traurig Immigration & Compliance Practice attorneys, break down the latest developments in the EB-5 immigrant investor program as of September 2025.

With the clock ticking toward the expiration of key grandfathering provisions under the Reform and Integrity Act (RIA), they discuss the rush to file, the importance of source of funds documentation, and pitfalls of incomplete or skeletal filings.

The episode explores significant changes in USCIS and State Department policies, including stricter scrutiny of Communist Party membership, retroactive review of lawful source of funds, and the impact of the new travel ban on investors from certain countries.

Kate and Jen share updates on EB-5 processing times, visa issuance delays, and strategies for maintaining lawful permanent residence, including reentry permits and SB-1 returning resident visas.

They provide insights into planning EB-5 filings amid uncertainty, navigating complex compliance requirements, and protecting family members under changing Child Status Protection Act (CSPA) rules.

Kate and Jen also address recent trends in adjustment of status filings, work and travel authorization, and the potential for visa retrogression.

Tune in to learn more about EB-5 information updates and fast-moving immigration policies in 2025.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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