Did you select and report the correct NAICS Code in connection with your I-924A? Are you sure?
Suppose that Your RC itself facilitates the formation of EB-5 investor Limited Partnerships (LPs). Your RC has taken on the primary role of matching those EB-5 LPs’ funds to others.
It is those others who themselves may be:
1.) an intermediary lender who will in turn make loans to project developers who in turn will construct facilities for use by the owners/operators of job-creating commercial enterprises; or
2.) an intermediary lender who will make loans directly to owners/operators of job-creating commercial enterprises; or
3.) the project developers who construct, expand, or remodel/refurbish a facility for the owners/operators of job-creating commercial enterprises; or
4.) the owners of job-creating commercial enterprises directly.
However it happens, ultimately USCIS wants to know about the actual job-creating commercial enterprises who report back their successes for the EB-5 investors to prove EB-5 job creation to USCIS. This is the information that the I-924A seeks to collect. Which of the Regional Center’s approved target industries/categories gained or are in the process of gaining new jobs?
NAICS Code 522292 Real Estate Credit (& does include Construction Lending)
“This U.S. industry comprises establishments primarily engaged in lending funds with real estate as collateral.” Your RC's EB-5 LPs may not be described by this code.
Caveat Investor! Are you still sure that you selected the correct NAICS Codes?
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