By Anayat Durrani, EB5Investors.com
The Department of Homeland Security has posted a Federal Register notice alerting EB-5 stakeholders that the USCIS will begin collecting funds for the EB-5 Integrity Fund to administer the EB-5 Regional Center Program, as required by the EB-5 Reform and Integrity Act of 2022.
“As long as the collection of this fee achieves the intended purpose, it will be welcome by all EB-5 stakeholders,” says Marko Issever, chief executive officer for America EB5 Visa, LLC.
Beginning Mar. 2, 2023, the USCIS will collect an annual fee from each designated regional center to finance the EB-5 Integrity Fund. The annual fee, which is due by April 1, 2023, for the current year, is $10,000 for EB-5 regional centers with 20 or less investors and the fee is $20,000 for regional centers with more than 20 investors. The fee can be paid online via Pay.gov, which is managed by the U.S. Department of the Treasury.