All approved EB-5 Regional Centers with a designation letter dated on or before September 30, 2015, must file Form I-924A, for fiscal year 2015 no later than December 29, 2015. There is no filing fee for Form I-924A. Regional Centers are required to submit Form I-924A every year to demonstrate continued eligibility for the regional center designation. 8 CFR 204.6 (m)(6). As a reminder Regional Centers may be terminated for:
- Failure to provide USCIS with required information (which includes failing to file the required annual Form I-924A);
- Failure to promote economic growth
A Regional Center that has een 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.