US To Double Immigrant Investor Visa Fees From November 30
The US government is significantly increasing fees for the EB-5 immigrant investor program, effective November 30. These changes affect various application forms for foreign investors seeking permanent residency through capital investment.
Why it matters
The fee hike will impact international entrepreneurs and families, particularly from India, who utilize this program as a primary pathway to US residency.
The US has decided to drastically increase fees for immigrants seeking to invest in America and eventually claim permanent residency under the EB-5 investor programme which remains one of the most reliable ways for Indian entrepreneurs and families to obtain Green Card.The US Citizenship and Immigration Services (USCIS) finalised a rule on Tuesday that seeks to more than double the fees for applying to the EB-5 visa. The rule will be effective from November 30.The US EB-5 Immigrant Investor Programme grants permanent residency (a Green Card) to foreign investors and their immediate families who invest capital into a US commercial enterprise and create 10 full-time jobs for American workers.The filing fee for Form I-526, used by standalone investors, will rise from USD 3,675 to USD 7,615.The fee for an initial Form I-526E petition, used by investors participating through an approved regional centre, will increase from USD 3,675 to USD 7,850.Initial…
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