Regional Center Amendment

A process that involves a regional center to apply for a Form I-924. When a regional area applies for an alteration in the following environment, the process is applicable. Areas involved include administrative or organizational structures, geographical location, affiliated enterprise’s capital investment instruments, affiliated commercial enterprise investment opportunities, or providing memoranda. To get a preliminary concern of EB-5 compliance, a regional center amendment is possible through documentation offered with the exemplar Form I-526. It should be done before the alien businessperson applies for the Form I-526.

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EB-5 Program Update:

The EB-5 Program has lapsed. The US Congress is discussing the legislation that authorizes the program while USCIS reviews the regulations and policies for filing. Because of the recent court ruling that reversed the 2019 Modernization regulations, the investment level has shifted temporarily from $900,000 back to $500,000.

If the program is reauthorized before the regulations are updated, there may be another window of opportunity to file at $500,000.

LCR expects the program to be reauthorized in December, and continues to work with international families that want to explore alternative residency options.

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