EB-5 Regional Centers Must File Form I-924A by December 29

USCIS reminds all approved EB-5 regional centers with a designation letter dated on or before Sept. 30, 2015, that they must file Form I-924A, Supplement to Form I-924, for fiscal year 2015 no later than Dec. 29, 2015.
 
Regional centers are required to submit Form I-924A every year to demonstrate continued eligibility for the regional center designation. See 8 CFR 204.6(m)(6).
 
Regional centers may be terminated for:
 
  • Failure to provide USCIS with required information (which includes failing to file the required annual Form I-924A).
  • Failure to promote economic growth.
A regional center that has been terminated from the EB-5 program may not solicit, generate or promote investors or investments, or otherwise participate as a designated regional center in connection with the Immigrant Investor Program.
 
There is no filing fee for Form I-924A.

This article is for background purposes only and is not intended as legal advice or legal document. Please contact a professional immigration attorney for legal consultation and service.