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 I-526 and I-526E petitions w
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