I-924, Application For Regional Center Designation Under the Immigrant Investor Program
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USCIS Announces New EB-5 Regional Center Program
On March 15, President Biden signed a law that includes authority for an EB-5 Immigrant Investor Regional Center Program and various implementation effective dates for the program. The program will be in effect through Sept. 30, 2027. We are reviewing the new legislation and will provide additional guidance.
Alert: On March 15, 2022, President Biden signed the EB-5 Reform and Integrity Act of 2022.
On March 15, 2022, President Biden signed the EB-5 Reform and Integrity Act of 2022. If you filed a Form I-526, Immigrant Petition by Alien Entrepreneur, before March 15, we adjudicate your Form I-526 under the regulations in effect before Nov. 21, 2019. Please see USCIS Policy Manual, Volume 6, Part G, Investors, for an explanation of those regulations. On June 22, 2021, the U.S. District Court for the Northern District of California, in Behring Regional Center LLC v. Wolf, 20-cv-09263-JSC, vacated (voided) the EB-5 Immigrant Investor Program Modernization Final Rule. Because that rule was voided, the following changes are in effect: there is no priority date retention (previously provided in the voided rule), state designations of targeted employment areas are permitted, and the investment amounts are $1 million for standard cases and $500,000 for targeted employment areas.
Public or private economic units in the United States that are involved with promoting economic growth (including increased export sales, improved regional productivity, job creation, or increased domestic capital investment) use this form to:
- Ask USCIS to be designated as a regional center under the Immigrant Investor Program; or
- Request an amendment to a previously designated regional center. As detailed below, an amendment is required for certain changes to a designated regional center and is optional for other changes.
Applicants and designated regional centers must file an amendment request to:
- Seek approval for any changes to the regional center’s name, ownership, or organizational structure, or any changes to the regional center’s administration that affect its oversight and reporting responsibilities, or to add or remove any of the regional center’s principals, immediately following the changed circumstances; or
- Change the geographic area of a regional center.
- For geographic area expansion requests, we must approve the Form I-924 amendment before a Form I-526 petitioner may demonstrate eligibility at the time of filing their petition based on an investment in the expanded area.
Applicants and designated regional centers may file an amendment request to:
- Change the industries of focus of the regional center;
- Add a new commercial enterprise associated with the regional center and/or seek a preliminary determination of EB-5 compliance for an exemplar Form I-526, Immigrant Petition by Alien Investor, for that new commercial enterprise; or
- Notify USCIS of changes in the name, organizational structure or administration, capital investment instruments, or offering memoranda (including changes in the economic analysis and underlying business plan used to estimate job creation) for a previously added new commercial enterprise associated with the regional center.
- An I-924 amendment is not required to report changes of address, contact information, a change of duties among the regional center principals, changes to non-principal managing companies, contracting agents or similar changes, or information described above. The regional center must notify us at uscis.immigrantinvestorprogram@dhs.gov within 30 days of such changes. We will review any changes submitted by email and may require or recommend, as appropriate, the regional center to file a Form I-924 Amendment.
Form Details
Dates are listed in mm/dd/yy format.
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We are not currently accepting Form I-924, Application for Regional Center Designation Under the Immigrant Investor Program.
Congress repealed Section section 610 of the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1993 (Pub. L. 102-395), in the EB-5 Reform and Integrity Act of 2022, Div. BB of the Consolidated Appropriations Act, 2022 (Pub. L. 117-103) (Sec. 101 and 102).
You may pay the fee with a money order, personal check, or cashier’s check. When filing at a USCIS lockbox facility, you may also pay by credit card using Form G-1450, Authorization for Credit Card Transactions. If you pay by check, you must make your check payable to the U.S. Department of Homeland Security. Service centers are not able to process credit card payments.
When you send a payment, you agree to pay for a government service. Filing and biometric service fees are final and non-refundable, regardless of any action we take on your application, petition, or request, or if you withdraw your request.