USCIS reminds all EB-5 regional centers with a designation letter dated on or before Sept. 30, 2016, that they must file Form I-924A, Supplement to Form I-924, for fiscal year 2016 no later than Dec. 29, 2016.
Form I-924A Filing Fee
USCIS’ new fee schedule, effective Dec. 23, 2016, establishes a filing fee for Form I-924A. The fee is $3,035. Filings postarked or filed on or after Dec. 23, 2016, must include this new fee or USCIS will reject your submission.
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, including annual Form I-924A submissions.
. 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.
For more information, refer to Filing Tips: Form I-924A and EB-5 Filing Tips.
By U.S. Citizenship and Immigration Services for USCIS.GOV
Read Full Article HERE