Due-Diligence Playbook · 2026

EB-5 Regional Center
Verification Checklist

Every document a regional center must produce to prove current good standing — and the exact procedure to cross-reference it against official USCIS public records before you sign anything.

Governing Law
EB-5 RIA of 2022
Regulator
USCIS · IPO
Use Case
Partnership Pre-Sign
Author
Aziz Saif

Before you sign, verify.

A USCIS-designated regional center can lose its good standing overnight — for a missed annual filing, an unpaid integrity fee, a failed audit, or a fraud finding. Since the EB-5 Reform and Integrity Act of 2022 (RIA), USCIS has terminated over 750 regional centers, the majority for failing to pay fees or file required statements.

This checklist captures every document a center must produce, plus a step-by-step routine for confirming each one against USCIS's own public records. Tick each box, then run the cross-check procedure in Section 6.

How to use: Click any checkbox to mark a document as verified — your progress tracks at the bottom-right. Chips show whether a document is required, available as a signed original, or independently verifiable in public records.
01

Designation & Standing

Proof the entity is — and remains — an authorized regional center.

Original USCIS Designation / Approval Letter

The notice approving Form I-956 (or legacy Form I-924) that established the center, its approved geographic scope, and its unique 10-digit Regional Center ID (RCID) — required on every later project filing.

RequiredSigned OriginalPublic Cross-Check

Current Designation Status Confirmation

Written confirmation the center is not suspended, terminated, or under a Notice of Intent to Terminate (NOIT). Ask for the most recent USCIS correspondence on its status.

RequiredPublic Cross-Check

Approved Geographic Scope Map & County List

The county map and list defining where the center may operate. Any project you partner on must sit inside this approved scope, or it falls outside the designation.

Required

Organizational & Formation Documents

Articles of incorporation/organization, the operating plan, IRS FEIN letter, and the current ownership/management structure named in filings.

RequiredSigned Original
02

Annual Certification (I-956G)

The yearly statement that keeps designation alive under the RIA.

Most Recent Form I-956G — Annual Statement

The current annual certification (replacing legacy Form I-924A), filed for each fiscal year (Oct 1 – Sep 30) on or before December 29. Confirm the correct fiscal year and an attached filing receipt.

RequiredSigned Original

Part 4 — Three Qualified-Certifier Certifications

Signed certifications by a person of substantive authority attesting to: (1) bona fides & foreign-involvement compliance, (2) securities-laws compliance, and (3) compliance with INA §203(b)(5)(K)(iii).

RequiredSigned Original

Attachment 1 — Per-Project Capital Statement

A separate Attachment 1 for each project with active investors: capital invested, progress to completion, jobs created/preserved, and the dedicated NCE bank account.

Required

Litigation, Bankruptcy & Prior-Year History

Disclosure of material litigation or bankruptcy involving the center, its NCEs or JCEs — plus 2–3 years of prior I-956G (and pre-2022 I-924A) receipts. A gap in any year is a termination trigger.

RequiredPublic Cross-Check
03

Project-Specific Approval

Evidence the specific project sits inside scope and is USCIS-recognized.

Form I-956F — Approved Project (Exemplar)

The project-level application that gets a specific NCE investment approved. Confirm the project you're partnering on has an approved I-956F (or at least a filed receipt) — not just a marketing claim.

RequiredPublic Cross-Check

Project-Within-Scope Confirmation

Map the project's location against the center's approved county list (Section 1). If it falls outside the geographic scope, the designation does not cover it.

Required

Business Plan & Job-Creation Report

A USCIS-compliant (Matter of Ho) business plan plus the economic analysis showing ≥10 full-time jobs per investor within the approved area, with transparent methodology.

Required

Securities, Offering & Escrow Documents

PPM, subscription agreement, NCE operating/LP agreement, SEC/state filings, plus the NCE–JCE loan/investment and escrow agreements showing how capital flows to the job-creating entity.

RequiredSigned Original
04

RIA Audit & Records Compliance

Proof the center can survive a mandatory five-year USCIS audit.

Most Recent USCIS Audit Result

Under INA §203(b)(5)(E)(vii), USCIS must audit every center at least once every five years. Request the audit outcome letter, or written confirmation of when the next audit is due.

Required

Record-Retention Compliance (Post-May 14, 2022)

Confirmation that all operational and financial records created on/after the RIA enactment date of May 14, 2022 are preserved and audit-ready, tying back to annual statements and investor petitions.

Required

Fund Administrator or Annual Audit Evidence

Under RIA Section Q each fund must either retain an EB-5 Fund Administrator or have an accountant audit its annual books. Request the fund-admin agreement or the independent audit report — plus evidence each disbursement was checked against the governing documents before release.

RequiredSigned Original

Consistency Across All RIA Forms

Cross-check that figures are internally consistent across I-956, I-956F, I-956G, I-956H (bona fides) and I-956K (promoters). Disparate numbers are a leading audit red flag.

Required
05

Integrity Fund & Fee Compliance

Unpaid fees are the single most common termination cause — verify them.

EB-5 Integrity Fund Fee — Paid & Current

Proof the annual Integrity Fund fee is paid for every applicable fiscal year. USCIS has terminated centers specifically for non-payment — the January 2025 wave of 100+ terminations was largely fee-related.

Required

I-956G Filing Fee Receipt ($3,035)

The separate $3,035 filing fee accompanying each annual I-956G — distinct from the Integrity Fund fee. Confirm the receipt exists for the latest filing.

Required

Promoter / Agent Compliance (I-956K & I-956H)

If third-party promoters or agents are involved, request Form I-956K registrations and Form I-956H bona-fides documentation for persons in positions of substantive authority.

Public Cross-Check
06

USCIS Public-Records Cross-Check

Never rely on the center's own documents alone — verify each against USCIS records.

1

Confirm the center is on the approved list

On the USCIS EB-5 Regional Centers page, match the exact legal entity name and RCID from the designation letter. Names alone are not enough.

2

Check the terminations list — separately

Open the regional center terminations page and search the entity name and any DBA/affiliate names. A terminated center may not lawfully solicit or promote investments.

3

Pull notices from the Electronic Reading Room

Search USCIS's Electronic Reading Room for published termination and NOIT notices. Confirm the center — and its principals' other entities — are absent.

4

Validate the geographic scope

Confirm the project's location falls inside the approved county list. A project outside it is not covered even if the center is in good standing.

5

Reconcile the I-956G against what you were told

Match fiscal year, RCID, capital totals, project list and job figures on the latest I-956G against the project documents and the center's marketing claims. Flag any mismatch.

6

Verify fee and filing currency

Cross-check Integrity Fund and I-956G fee receipts against the USCIS Form I-956G and Integrity Fund pages. Confirm no gaps in annual filings or payments.

7

Independent counsel + direct USCIS confirmation

Have qualified U.S. EB-5 immigration counsel review the file. For status questions, reach the USCIS EB-5 program at uscis.immigrantinvestorprogram@dhs.gov. Only after every box is ticked and every check clears should you sign.

Golden rule: Treat the center's own paperwork as claims, and USCIS public records as truth. Where they disagree, USCIS wins — and you walk away until it's resolved.
07

Walk-Away Red Flags

Any single one of these should stop a partnership until fully resolved.

Red FlagWhy It Matters
Appears on terminations listCenter cannot lawfully solicit, promote, or sponsor EB-5 investments. Investors get 180 days to reassociate.
No / late I-956G filingMissing any fiscal-year annual statement is a direct termination trigger under the RIA.
Unpaid Integrity Fund feeThe leading cause of mass terminations (100+ centers in Jan 2025). Non-negotiable.
RCID mismatchEntity name doesn't match the RCID on the official list — possible impersonation or stale paperwork.
Project outside geographic scopeThe designation does not cover the project, regardless of the center's standing.
No I-956F for the projectThe project isn't USCIS-recognized at the project level — only a marketing claim.
Disparate figures across formsInconsistent capital or job numbers across I-956 / I-956F / I-956G invite audit failure.
No fund admin or annual auditViolates RIA Section Q; signals weak controls over investor capital.
Records gap before May 14, 2022Center cannot satisfy the mandatory five-year audit record-retention requirement.

Educational reference on EB-5 due diligence. Confirm current requirements on USCIS.gov and engage qualified U.S. EB-5 counsel before signing.

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