Inside USCIS: EB-5 Fireside Chat with Recently Departed IPO Executive Leadership
Join us for a rare and candid EB-5 discussion featuring Ricky Murray, who recently departed USCIS but previously served in executive leadership roles at the Immigrant Investor Program Office (IPO), where he last served as the number two-ranking official overseeing internal operations within the program. We'll also be providing a roundtable discussion with leading perspectives from the law firm of KLDP LLP and the broker dealer of New World Ventures US.
Sponsored by EB5 Investors Magazine
This event is proudly sponsored by EB5 Investors Magazine, one of the most recognized and influential media platforms in the global EB-5 industry.
Featured Speakers:
Ricky Murray
Ricky Murray recently served in executive leadership at the USCIS Immigrant Investor Program Office (IPO), where he was the second-ranking official responsible for overseeing internal operations and adjudication management for the EB-5 program. During his tenure, he worked closely on the operational side of how investor petitions were reviewed, processed, and evaluated, giving him rare firsthand insight into the internal mechanics of USCIS adjudications. His perspective offers attorneys, investors, and regional centers a deeper understanding of what happens behind the scenes at IPO, common adjudication challenges, and how applicants can better position their cases for success.
Niral Patel
Niral Patel is a Partner at KLDP and focuses his practice on investment-based immigration, with extensive experience advising EB-5 investors, regional centers, developers, and businesses. He regularly works on complex source-of-funds matters, compliance issues, project structuring, and investor petitions, helping clients navigate the legal and financial complexities of the EB-5 process. Niral is widely recognized for his practical approach to helping investors mitigate risk while building strong immigration strategies.
Phuong Le
Phuong Le is a KDLP and is widely recognized as one of the leading voices in the EB-5 industry. He advises investors, developers, regional centers, and financial institutions on complex EB-5 transactions, regulatory compliance, and immigration strategy. With years of experience navigating evolving USCIS policies and investor concerns, Phuong brings a unique perspective on how investors can better protect themselves while identifying strong opportunities within today’s changing EB-5 market.
Matt Khalili (Moderator)
Matt Khalili is an EB-5 investment banker and managing director New World Ventures US. Matt works closely with international investors, entrepreneurs, and families seeking U.S. residency through strategic investment opportunities. As a FINRA registered representative, he helps clients navigate project selection, due diligence, and long-term residency planning while simplifying what can often feel like an overwhelming process. Through investor education, private consultations, and strategic partnerships, Matt has helped position New World Ventures US as a trusted resource for investors exploring the EB-5 pathway.
Alaa Aldwairi
Alaa Aldwairi is a business development and relationship management professional at EB5 Investors with a background in Finance and Economics. She works closely with developers, Regional Centers, migration agents, attorneys, and investors across the EB-5 industry, helping connect capital seekers with strategic EB-5 resources, industry partners, and investor networking opportunities through global events, conferences, and business development initiatives.”
Topics Include:
• How USCIS officers actually evaluate EB-5 cases
• What makes petitions stronger from an adjudicator’s perspective
• Common misconceptions surrounding RFEs and denials
• Internal operational realities at the IPO
• Source of funds review trends and challenges
• Regional center vs. direct EB-5 considerations
• Red flags USCIS quietly pays attention to
• How attorneys and investors can better prepare cases
• Current trends shaping EB-5 adjudications
• Live ask-us-anything Q&A
This session is intended to be a moderated conversation designed to give attendees a rare inside look into how EB-5 adjudications are viewed from within USCIS. We encourage participants to come prepared with questions and take advantage of the live ask-us-anything format with former IPO leadership and leading EB-5 counsel.
A note on our sponsor:
For over a decade, EB5 Investors has served as a leading source of education, news, and thought leadership for investors, immigration attorneys, regional centers, developers, and industry professionals navigating the EB-5 space.
The organization hosts some of the industry’s most prominent global conferences, including events in cities such as Las Vegas, Newport Beach, Miami, Dubai, Vietnam, and India—bringing together top immigration attorneys, policymakers, investors, and project sponsors from around the world.
Their annual Top 25 Awards recognize leading attorneys, regional centers, and service providers across the industry, and their publication remains a trusted source for breaking news, policy updates, and expert commentary on U.S. investment immigration.
Through its conferences, media platform, and global investor network, EB5 Investors Magazine continues to play a major role in shaping conversations across the EB-5 industry.