4 Nov 2026 · Vietnam VI

Citizenship · Capital · Global Mobility

The Legation Times

EB-5 regional-centre visas keep their 2027 end date after US midterms

Michael Mai Michael Mai
Two people seen from the shoulders down, sitting side by side at a wooden table: one holds a pen over an open notebook, the other over a stack of printed papers; coloured pencils, sticky notes, a small clock and a potted plant lie on the table

Democrats are projected to hold both chambers from 3 January; extending regional-centre visas past September 2027 would require an Act of Congress, while the Gold Card rests on an executive order.

The 3 November midterm elections did not alter the date on which the EB-5 regional-centre route ends: 30 September 2027, as written in the immigration statute. The vote shifted projected control of the chambers that would have to pass an extension. The Associated Press (AP) has called both chambers of Congress for Democrats, NBC News and CBS News project the same, and President Donald Trump has vowed to veto Democratic legislation.

These are news organisations’ calls on unofficial counts, not certified results, as at 17:30 Vietnam time on 4 November. The Senate races in Alaska and Mississippi were uncalled, as were dozens of House races. AP’s running count listed 68 House races still to be called and CBS News reported about 75 undetermined, so seat tallies remain unsettled.

What the vote decides

A bill becomes law only if both chambers pass it and the President signs it; if he returns it with objections, two-thirds of each chamber must pass it again (Article I, Section 7). The sitting Congress holds office until noon on 3 January 2027, when the new one assembles unless a law sets another day (20th Amendment).

Trump told CBS News he would work with Democrats and told Fox News he would accept the results. AP reports that he also vowed to veto Democratic legislation, and that Senate Majority Leader John Thune said Senate Republicans would work with Trump to counter what he described as Democratic extremism.

EB-5: a statutory date, and a precedent for missing it

Regional-centre visas are available through 30 September 2027 under 8 U.S.C. 1153(b)(5)(E). The Code as updated through Public Law 119-136 of 22 October 2026 still reads that way, and US Citizenship and Immigration Services (USCIS) repeats the date.

Statutory authority for the regional-centre programme has lapsed before. It ended on 30 June 2021 and USCIS began rejecting new regional-centre petitions on 1 July; Congress restored it in an Act signed on 15 March 2022, more than eight months later. The Congressional Research Service (CRS) recorded that earlier extensions had come in short-term increments in annual appropriations bills.

Regional-centre petitions filed on or before 30 September 2026 keep a statutory protection: if the authority expires, the Department of Homeland Security (DHS) must keep processing them and may not deny them for that reason. That cut-off has passed, so petitions filed later have no such statutory protection.

The 2027 date in subparagraph (E)(i) applies to the regional-centre route alone. Paragraph (5) sets no end date for the standalone route, which is direct investment in a job-creating enterprise.

A text search on 4 November of 20,156 files of House and Senate bills and joint resolutions on govinfo.gov found no bill that extends the date. Among the bills that touch EB-5 or a Gold Card, it found:

  • H.R. 6992, from Representative Greg Stanton, a Democrat, with bipartisan co-sponsors, would create a USCIS advisory committee.
  • S. 3309, from Senator Ruben Gallego, a Democrat, would add incentives for housing projects.
  • H.R. 8586, from Representative Barry Moore, a Republican, would stop new and pending petitions in EB-1, EB-2, EB-3 and EB-5. S. 5485 carries the same title.
  • H.R. 10400, from Representative David Schweikert, a Republican, would write a Gold Card into statute: 25,000 visas a year through fiscal 2035, outside the worldwide limits.

The status data records no action on any of them beyond introduction and referral to committee.

The Gold Card does not wait on a vote

Executive Order 14351 of 19 September 2025 directs officials to treat a gift to the Department of Commerce, USD 1 million from an individual or USD 2 million from a corporation, as evidence of eligibility under existing EB-1A and EB-2 provisions, within the visa limits in the statute.

The order adds: “This order shall be implemented consistent with applicable law and subject to the availability of appropriations.” A State Department declaration filed in court says: “The Gold Card program does not create a new immigrant visa category.”

Congress can legislate on it, but a bill needs the President’s signature or a two-thirds vote in each chamber. One challenge is pending in court: in American Association of University Professors v. Department of Homeland Security, the last known filing is the government’s reply in support of its motion to dismiss, on 1 September, and the docket, updated on 28 October, shows no ruling.

For Vietnamese investors and families

US visa limits count people by country of birth, with exceptions that let a child or spouse be charged to the other’s country of birth to prevent the separation of the family (8 U.S.C. 1152(b)). The Visa Bulletin has no Vietnam column, so Vietnam-born applicants read “All Chargeability Areas Except Those Listed”.

On the November 2026 Dates for Filing chart, which USCIS reproduces and directs employment-based applicants to use this month, that column reads current in every EB-5 row. The unreserved row reads 1 March 2021 for mainland China-born applicants and 1 May 2024 for India-born ones. The chart governs when an applicant already in the United States may file to adjust status.

For Vietnamese investors, the outcome matters for regional-centre petitions filed after 30 September 2026. Such a petition has no statutory protection if the authority lapses, so its position depends on whether an extension becomes law before 30 September 2027. A standalone petition carries no such end date.

Known, unknown, next

Known Not known Next date
The Code gives 30 September 2027 for regional-centre visas Whether an extension will be introduced, and in which bill 1 January 2027: EB-5 investment amounts adjust automatically for petitions filed from that date
AP, NBC and CBS call or project Democratic control of both chambers Alaska and Mississippi Senate races, dozens of House races, certified results 3 January 2027: the new Congress assembles
The Gold Card runs on an executive order within existing limits A ruling on the government’s motion to dismiss in the Gold Card case 30 September 2027: regional-centre visa authority ends unless extended

What this article has not established

No statement from incoming committee leaders on EB-5 or the Gold Card was found in the coverage read. Certified results were not available.

The State Department’s Visa Bulletin, including its Final Action Dates chart for visa issuance, was not read: the attempts made on 4 November returned a security check. The Vietnam figures above rest on USCIS’s reproduction of the Dates for Filing chart alone.

The bill search covers bills and joint resolutions, not amendments. Congress.gov returned an access block to the attempts made, so bill status comes from govinfo.gov.

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The Legation Times writes its content from published documents; nothing here is legal, tax or investment advice. Spotted an error? Send a correction request; for content rights, send a takedown request.

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