U.S. Citizenship and Immigration Services (USCIS) has published Immigrant Investor Program Office (IPO) Deputy Chief Julia Harrison’s talking points from the October IIUSA EB-5 Industry Forum as well as the AILA EB-5 Investors Summit.
Ms. Harrison’s remarks cover the work that the IPO is undertaking in FY2017 to improve and gain efficiencies to better serve industry stakeholders. The remarks covered the updates to EB-5 related forms, the IPO policy manual and FY2017 efficiency goals of the agency.
Reminder to all EB-5 Regional Centers: File your I-924A by December 29th
Deputy Chief Harrison also reminded all Regional Center stakeholders that they must file Form a I-924A, for each individual Regional Center designated during or before the fiscal year ending September 30. Form I-924A is 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.
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. To learn more about this requirement, visit the USCIS I-924A web page: http://www.uscis.gov/i-924a