U.S. Citizenship and Immigration Services (USCIS) Immigrant Investor Program Office (IPO) reminds all EB-5 Regional Center stakeholders that they must file Form I-924A for each individual Regional Center designated during or before the fiscal year ending September 30, 2016. This form must be filed for each fiscal year (October 1 through September 30) within 90 days after the end of the fiscal year (on or before December 29) of the calendar year in which the fiscal year ended. The failure to timely file a Form I-924A will result in the issuance of an intent to terminate the participation of the regional center, which may ultimately result in the termination of the approval and designation of the Regional Center.
As a reminder, USCIS published a final rule in the Federal Register which adjusted the fees required for the filing of Form I-924A. The new rule is set to take effect this Friday December 23, 2016. All I-924A’s filed after 12/23 will be subjected to a new fee of $3,035.
Detailed instructions for the form can be found here.
