• For the first time since 2016, the U.S. Citizenship and Immigration Services (USCIS) will increase the US EB-5 visa, effective from April 1, 2024. 
  • The visa fee hike could enable USCIS to recover a more significant portion of its operating costs and bring quicker processing of new applications. 
  • The EB-5 visas, popularly known as the investor visa fee, have jumped from $3,675 (over INR 3 00,000) to $11,160 (over INR 9 00,000).
  • This move encourages potential applicants to revise their financial planning and strategies to secure U.S. permanent residency via investment.
  • Notably, the USCIS will accept prior editions of most forms during a grace period between Apr. 1, 2024, and Jun.3, 2024.
  • The current fee for the EB-5 forms I-526/I526E is $3,675, which will increase to $11,160, and the price for form I-829 is $3,750, which will rise to $9 52.
  • Considering the forthcoming fee increases, one must act swiftly to avoid spending thousands of dollars.
  • For personalized guidance and to navigate the investment process efficiently, contacting immigration and investment experts can facilitate a seamless transition toward achieving U.S. permanent residency goals.

 

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