The United States has implemented significant fee increases for H-1B, L-1, and EB-5 visas, all popular options for immigrants seeking to work or invest in the US. This article breaks down the new fees, explains what each visa is for, and how the changes might affect applicants.
Discover the April 2024 Visa Bulletin highlights, showcasing progress in Final Action and Filing Dates for Indian green card applicants. Dive into the latest updates on family-based and employment-based preference categories, empowering individuals with essential immigration insights.
Discover the latest developments as the Department of Homeland Security moves closer to implementing a new regulation that could lead to increased visa application fees. Get insights into the proposed changes and their potential impact on H-1B visas, citizenship applications, and more.
Great news for Indian families waiting for their US EB-5 visas! The backlog has cleared significantly, with processing times cut in half. This means faster Green Cards and brighter prospects for Indian investors.
Dive into the transformative updates in the United States' visa and immigration policies for 2023. Witness a surge in Indian visitors, a groundbreaking online visa application system, and pivotal changes in H-1B, EB-5, and student visa policies.
The proposed fee increases are steep, with some fees increasing by more than 200%. For example, the proposed fee for Form I-526, Immigrant Petition by Alien Entrepreneur, and Form I-526E, Immigrant Petition by Regional Center Investor, would increase from $3,675 to $11,160, a 204% increase.
The employment-based green card backlog has reached a new record high of 1.8 million. This means that there are over 1.8 million immigrants who have been sponsored by U.S. employers but are still waiting for their green cards. The backlog is caused by a variety of factors, including the annual limits on green cards and the country caps.
The EB-5 visa is a permanent residency visa that allows foreign nationals to invest a minimum of $800,000 in a new commercial enterprise that creates at least 10 jobs for U.S. workers. The EB-5 visa has a number of advantages over the H-1B visa, including permanent residency, no labor certification, and the ability to bring spouse and children.
When the Centre's recently proposed taxation on outbound remittances takes effect on July 1, 2023, Foreigners seeking permanent residency and green cards through the EB-5 visa may end up paying an additional fee of $120,000 (98 lakhs), on top of the existing minimum fee of $800,000 (6.53 crore).
The H1B program has become increasingly restrictive for Indians, with a high number of applicants and limited availability of visas. As a result, the demand for EB-5 visas has surged, offering a more permanent solution for foreign investors seeking permanent residency in the United States.
