
Regional Center Annual Statements And Sanctions
The EB-5 Reform and Integrity Act of 2022 (“RIA”) requires Regional Centers to file annual statements with U.S. Citizenship and Immigration Services (“USCIS”). The statements cover a range of matters, from the use of EB-5 investment funds to the status of projects sponsored by the Regional Center. Regional Center Annual Statements A Regional Center’s annual statement must include certifications that it has complied with certain requirements under the RIA. It must also disclose any material litigation or bankruptcy proceedings involving the Regional Center, a New Commercial Enterprise (“NCE”), or an affiliated Job-Creating Entity (“JCE”). Much of the annual statement concerns the investments themselves. Regional Centers must account for investor capital, explain how that money has been used, and provide evidence of progress on each investment project (“Project”). This includes reporting the number of direct jobs created or preserved and providing evidence that the investment capital has been committed to the




