A Year of Leadership, Milestones, and Measurable Impact in EB-5
In a year defined by heightened scrutiny, evolving visa dynamics, and growing global demand for clarity and certainty, CanAm Enterprises demonstrated the depth of its experience and the strength of its platform across every dimension of the EB-5 program.
Throughout 2025, CanAm continued to deliver consistent results under the EB-5 Reform and Integrity Act (RIA), advance thoughtfully structured projects across the United States, and provide investors with timely, substantive insight into a rapidly changing immigration and economic landscape. These efforts reflect more than a single year of progress—they underscore the value of long-term discipline, institutional process, and an unwavering focus on investor outcomes.
A Historic Industry Milestone: 3,000+ I-829 Approvals
In 2025, CanAm reached a landmark achievement: more than 3,000 approved I-829 petitions, making CanAm the first EB-5 regional center in the industry’s history to surpass this threshold.
Each I-829 approval represents the final confirmation that USCIS requirements were met—investment capital was deployed as required, jobs were created, and investor families obtained permanent U.S. residency. These approvals span 77 EB-5 projects adjudicated by USCIS, reflecting decades of careful project selection, conservative structuring, and ongoing oversight.
USCIS Approvals Under the RIA: Execution in a Higher-Standard Era
The passage of the EB-5 Reform and Integrity Act significantly elevated expectations around transparency, compliance, and program integrity. In 2025, CanAm continued to demonstrate that experience and infrastructure matter in this new regulatory environment.
Since the RIA, CanAm has achieved:
- 15 I-956F approvals, including five in 2025
- 334 I-526E approvals since the RIA, including 217 in 2025
Among the notable approvals in 2025 was the Four Seasons Resort and Residences Telluride, a luxury hospitality and residential development in Colorado. The project reflects CanAm’s continued focus on institutional-quality sponsorship, conservative capital structures, and developments supported by strong market fundamentals and reliable job creation. Its approval further reinforced USCIS confidence in CanAm’s approach to compliance and project underwriting under the RIA.
$2.5 Billion Repaid: Financial Outcomes That Matter
In 2025, CanAm surpassed another significant milestone: more than $2.5 billion in EB-5 capital repaid across 53 fully repaid projects.
This achievement was marked by the full repayment of EB-5 capital invested in The Spiral, a 66-story architectural landmark in Manhattan developed by Tishman Speyer. The repayment served as a reminder that successful outcomes are shaped long before capital is deployed—through disciplined underwriting, conservative assumptions, and alignment among sponsors, lenders, and investors.
As Tom Rosenfeld has consistently emphasized, repayment is not incidental; it is the product of structure, oversight, and long-term planning.
Projects That Deliver Economic Impact Across the United States
CanAm’s EB-5 projects are structured not only to meet immigration requirements but to deliver meaningful, long-term economic impact across the United States.
To date, CanAm-sponsored projects have:
- Created more than 100,000 U.S. jobs
- Supported infrastructure, energy, broadband, manufacturing, and mixed-use redevelopment initiatives
- Partnered with municipalities, public authorities, and leading private-sector sponsors nationwide
A clear example in 2025 came from The Bellwether District in Philadelphia. Pennsylvania Governor Josh Shapiro announced a $195 million investment by DrinkPAK, which will anchor the redevelopment with a 1.4-million-square-foot advanced manufacturing facility and create 174 new jobs.
Once a former refinery, the Bellwether District is being transformed into a modern hub for advanced manufacturing and community development—illustrating how EB-5 capital, when deployed thoughtfully, can support regional economies while creating durable employment.
25 Years of the Philadelphia Navy Yard: A Blueprint for EB-5
In 2025, CanAm also marked 25 years since its first EB-5 project at the Philadelphia Navy Yard, one of the most widely respected public-private redevelopment initiatives in the United States.
What began as an early EB-5 infrastructure investment helped catalyze the transformation of a former naval shipyard into a thriving campus now home to more than 150 companies and tens of thousands of jobs. The Navy Yard remains a compelling example of how patient, mission-aligned capital can support long-term regional growth and community development.
Thought Leadership and Advocacy
Throughout 2025, CanAm continued to play a central role in convening informed, substantive conversations about the EB-5 program and its future.
Over the course of the year, CanAm hosted 24 educational webinars addressing visa availability and retrogression, RIA implementation and adjudication trends, financial planning considerations for immigrant investors, and major policy developments affecting EB-5 and adjacent immigration pathways.
A defining moment was a landmark industry webinar led by Tom Rosenfeld, moderated by Carolyn Lee, which brought together some of the most respected voices in U.S. immigration law to examine where EB-5 stands today and what lies ahead.
In that discussion, Rosenfeld highlighted why EB-5 continues to resonate with policymakers and communities alike:
“We’ve been successful in meeting the policy goals of the Reform Act. There’s been a 1,500 percent increase in investment in rural areas—that’s exactly what Congress wanted. You’re talking about an investment that creates jobs and doesn’t cost taxpayers any money. That’s why EB-5 continues to have bipartisan support.”
Complementing these discussions, CanAm published two data-driven white papers:
- EB-5 After the RIA: Transparency, Transformation, and Opportunity
- 2025 Q&A: EB-5 Visa Availability and Allocation
Looking Ahead
By the end of 2025, CanAm’s cumulative track record included:
- 77 EB-5 projects adjudicated by USCIS
- 3,000+ I-829 approvals
- $3.9+ billion raised in EB-5 capital
- $2.5+ billion repaid
- 100,000+ U.S. jobs created
These outcomes reflect decades of disciplined execution and a consistent focus on investor protection, regulatory compliance, and real economic impact.
As CanAm looks ahead to 2026 and beyond, its mission remains unchanged: to structure EB-5 investments that meet the highest standards of integrity, support meaningful economic development across the United States, and help investor families pursue permanent residency with confidence.
