What Investors Need to Know About Lapsed Authorization for EB-5 Regional Center Program

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Jackson Walker

As of June 30, 2021, the EB-5 Immigrant Investor Regional Center Program has lapsed, and U.S. Citizenship and Immigration Services (USCIS) has since rejected any submissions received on or after July 1, 2021, of the following forms:

  • Form I-924 (Application for Regional Center Designation Under the Immigrant Investor Program), unless the application is to amend a regional center’s name, organizational structure, ownership, or administration; and
  • Form I-526 (Immigrant Petition by Alien Investor) when the investment is associated with an approved regional center.

USCIS will continue to accept and review Form I-829 (Petition by Entrepreneur to Remove Conditions on Permanent Resident Status). Should the EB-5 Regional Center Program’s statutory authorization remain lapsed, USCIS will begin rejecting Form I-485 (Application to Register Permanent Residence or Adjust Status) and any associated forms, including I-765 (Application for Employment Authorization) and I-131 (Application for Travel Document), based on an approved Regional Center Form I-526. However, we anticipate the program will be renewed at a later date.

For additional information, please visit the EB-5 Immigrant Investor Program website.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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