Form I-924A – Annual Reporting for EB-5 Regional Centers
As a reminder to all EB-5 Regional Centers that it is time to file Form I-924A, the annual reporting form used to demonstrate a Regional Center’s continued eligibility for the Regional Center designation. Detailed instructions for the form can be found here. United States Citizenship and Immigration Services (USCIS) issued Questions and Answers for Form I-924A in 2011 and offered further guidance during the September 17, USCIS Stakeholder Meeting a report on that meeting can be found here.
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 Supplement 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.To learn more about this requirement, visit the USCIS I-924A Web page: http://www.uscis.gov/i-924a
On October 29, IIUSA hosted a webinar on the topic of I-924A: Strategies for Fulfilling the Annual EB-5 Regional Center Reporting Requirement which featured H. Ronald Klasko, Managing Partner, Klasko Immigration Law Partners, Anna Morzy, Partner, Fragomen, Del Rey, Bernsen & Loewy, LLP and Samuel Silverman, Managing Partner, EB-5 Affiliate Network.
If you are an IIUSA Member and would like to access the presentation slides (as well as past webinar slides), click here. If you would like to purchase the recording of the webinar, you can do so for $198 ($99 for member with the promo code). If you are an All Access Pass Holder, you can access the video for no cost using the access code.