EB-5 Visa Fee Reduction: US Proposes 17% Cut for Investors, Adds New Tech Charge

The US government is moving to significantly lower key fees for the EB-5 investor visa program. The Department of Homeland Security announced a new proposed rule. It aims to cut costs for foreign investors seeking permanent residency. The plan includes a notable 17% reduction for one critical application form.This initiative seeks to streamline the popular investment-based immigration pathway. According to Reuters, the changes are part of a broader regulatory update. The goal is to simplify the program while maintaining its integrity. A new technology fee is also part of the proposal.

Specifics of the Proposed EB-5 Visa Fee Cuts

The fee adjustments are detailed and targeted. The filing cost for Form I-526 and I-526E petitions would drop by 14%. This brings the fee down to $9,625 from the current $11,160. That is a saving of $1,535 for investors.The most substantial cut is reserved for the Form I-829. This is the petition to remove conditions on permanent residence. Its fee would be reduced by 17%. The new proposed amount is $7,860. These changes are designed to make the program more financially accessible.

New Fees and Clarifications for the EB-5 Program

Despite the cuts, a new cost is being introduced. The rule proposes a mandatory $95 technology fee for EB-5 filings. This fee would support USCIS digital infrastructure and processing systems. It is a standard charge across other immigration forms.The regulation also introduces a new form, I-527. It is for legacy investors whose Regional Center was terminated. This provides a clear path for those awaiting decisions from before March 2022. The rule further clarifies that family members must file separate I-829 petitions.The EB-5 program grants about 10,000 visas annually. It requires a minimum investment of $800,000 in targeted employment areas. Investors and their immediate families receive a conditional green card. This can lead to permanent residency after job creation requirements are verified.

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These proposed EB-5 visa fee reductions represent a significant shift in US immigration policy, directly lowering the cost for foreign investors seeking a American green card.

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What is the EB-5 visa program?

The EB-5 visa provides a path to US permanent residency for foreign investors. It requires a substantial investment in a US commercial enterprise. The investment must create at least 10 full-time jobs for American workers.

How much does the EB-5 visa cost now?

Currently, the main I-526 and I-526E petition fees are $11,160. This includes a $95 technology fee. The I-829 petition fee is also being reduced under the new proposal.

When will the new EB-5 fees take effect?

The fee changes are currently only a proposed rule. They must go through a formal public comment period first. A final implementation date has not yet been announced by the DHS.

What is the new technology fee for?

The proposed $95 technology fee would fund USCIS digital services. This includes maintaining and upgrading online filing systems. The goal is to improve processing efficiency for all applicants.

Who benefits from the EB-5 fee reduction?

Foreign investors and their immediate families are the direct beneficiaries. The lower costs make the program more accessible. Regional Centers and US businesses seeking foreign capital also benefit.