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What you should know about I 924a supplement
- Form I-924A must be filed while in the United States.
- Form I-924A is used for reporting regional center activity.
- Multiple managing companies or agencies can be associated with the regional center.
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How to prepare I 924a supplement
About USCIS I-924a
USCIS Form I-924a, also known as the Annual Certification of Regional Center, is a document required by the United States Citizenship and Immigration Services (USCIS) for entities seeking to establish and maintain their status as an approved Regional Center under the EB-5 Immigrant Investor Program. The EB-5 Regional Center Program allows foreign investors to obtain a Green Card by making a substantial investment in a commercial enterprise that creates jobs for U.S. workers. A regional center is a designated organization that sponsors investment projects and facilitates the pooling of investor funds. The I-924a is used by existing Regional Centers to demonstrate continued eligibility and compliance with the program's requirements. It must be filed annually, and it serves as a tool for Regional Centers to report their activities, progress, and statistical information for the previous Fiscal Year (October 1 to September 30). It requires Regional Centers to provide comprehensive information regarding their operations, including investor activities, job creation, business affiliations, capital investment, and any changes in the organizational structure or management. Filing Form I-924a is crucial for the continued approval and participation in the EB-5 Regional Center Program. It helps USCIS evaluate if the Regional Center is functioning within the prescribed guidelines and whether it continues to satisfy the program requirements, such as job creation and investment. By submitting this form, Regional Centers demonstrate their ongoing involvement and compliance with the program rules to maintain the benefits offered to their investors. Overall, USCIS Form I-924a is a critical filing for EB-5 Regional Centers, and compliance with its requirements is necessary for their continued participation in the program.