CanAm CEO Pete Calabrese and Rohit Turkhud, Immigration Counsel at CSG Law, held a timely discussion on the proposed “Gold Card” visa and what it could mean for EB-5 investors. While headlines have fueled speculation, the panel emphasized that the Gold Card is not law, lacks legislative standing, and remains only a conceptual idea at this stage.
By contrast, the EB-5 program is firmly legislated, with authorization secured through September 2027 under the Reform and Integrity Act. The speakers highlighted key differences: EB-5 is a job-creating, at-risk investment with potential capital return, while the Gold Card—if ever enacted—would likely be a high-dollar donation with no return.
The announcement has spurred urgency among EB-5 investors, particularly as reserved visa categories remain current and allow for concurrent filing. Both speakers reinforced the bottom line: EB-5 remains one of the most secure, accessible, and enduring paths to U.S. permanent residence.
