Sunday, July 14, 2024

The US Visa Fee Hike

The US has declared a sharp hike in the fee for a number of non-immigrant visa categories, including EB-5, L-1, H-1B. I-130 and I-129F. The first fee increase since 2016 will take effect on April 1. The immigration service claims that the revised fees will enable it to recoup a larger portion of its operating expenses. It will also facilitate the quicker processing of new applications.

H-1B Visa

Non-immigrant visas such as the H-1B permit US employers to hire foreign nationals for specialized jobs. These jobs require advanced technical or theoretical training. IT companies hire tens of thousands of foreign workers every year thanks to it. 

The US has raised form I-129 H-1B application visa fee from USD 460 to USD 780. It will take effect on April 1. Starting in the next year, the H-1B registration fee will rise from USD 10 to USD 215.

EB- 5 Visa

High-net-worth overseas investors can get a US visa for themselves and their families under the US government’s EB-5 program. This was introduced in 1990. All they have to do is invest a minimum of USD 5,00,000 in a US company that helps create 10 employment opportunities for American workers.

According to a government notification released on January 31, the cost of EB-5 visas, sometimes referred to as investment visas, has increased from USD 3,675 to USD 11,160. 

L-1 Visa

For intra company transferees, the US has a non-immigrant visa type called L-1. It enables international corporations to temporarily assign some of their staff members from their overseas operations to work in the US.

The fee for L-1 visas has climbed from USD 460 to USD 1,385.

US Visa Application
US Visa Application

I-130 and I-129F Visas

The form I-130 is used for family reunification and to allow a spouse to immigrate upon marriage. The cost of completing form I-130 will increase by 26% to $675. In case you plan to bring your fiancé to the United States, there is a 26% hike in fee for I-129F US visa, from $535 to $675. 

The Changes

Net costs, benefits, and transfer payments will come from the fee revisions as well as modifications to the forms and fee structures utilized by US Citizenship and Immigration Services (USCIS), according to the Department of Homeland Security’s federal announcement.

The government stands to gain from decreased administrative burdens and fee processing errors, enhanced adjudicative process efficiency, and improved capacity to evaluate service costs for future laws that better match fees.

Reader’s Verdict

What do you think about this new fee revision?  Do let us know in the comments we would love to know your thoughts on the matter. 

What's your reaction?

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