How can an entity become a regional center?
Entities seeking to be designated as a regional center are required to file Form I-956, Application for Regional Center Designation. USCIS will be publishing this new form, including the form instructions, with additional information regarding the filing process by May 14, 2022.
Are previously designated regional centers able to maintain their designation without filing a Form I-956, Application for Regional Center Designation?
No. The EB-5 Reform and Integrity Act of 2022 repealed the legacy Regional Center Program. As a result, previously designated regional centers must reapply by filing the new Form I-956, Application for Regional Center Designation.
I currently represent a previously designated regional center seeking to amend my designation or submit my annual statement. Can I file Form I-924 or I-924A now?
No, USCIS will reject all Form I-924 and Form I-924A filings. Since the EB-5 Reform and Integrity Act of 2022 repealed the legacy Regional Center Program and any prior designations, there are no grounds to file amendments or annual certifications.