What EB-5 applicants should do as visa costs soar almost 200%
Understanding the Fee Increase
The upcoming adjustments will see significant increases in the fees for key forms associated with the EB-5 visa. The I-526/I-526E Immigrant Petition by Standalone/Regional Center will see a surge from $3,675 to $11,160, marking a 204% increase. Similarly, the I-829 Petition by Investor to Remove Conditions will rise from $3,750 to $9,525, a 154% increase. Cumulatively, excluding other potential costs, the total EB-5 Visa cost will escalate from $7,425 to $20,685, an increase of 178%.
Current Fee (USD)
Proposed Fee (USD)
Amount of Increase (USD)
Percentage of Increase (%)
I-526/I-526E Immigrant Petition by Standalone/Regional Center
3,675
11,160
7,485
204%
I-829 Petition by Investor to Remove Conditions
3,750
9,525
5,775
154%
Total EB-5 Visa Cost (*excluding other potential costs)
7,425
20,685
13,260
178%*
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The Financial Implication
These fee adjustments represent a significant uptick in the overall cost of obtaining an EB-5 visa post-April 1st, 2024. With the primary forms I-526/I-526E and I-829 accounting for an additional $13,260, the urgency for potential investors to finalize their applications under the current fee structure has never been more pronounced.
Green Card approval rate drops to record lows as Indians face a wait of more than a century
Navigating the Investment Process
For Indian investors, leveraging the Liberalised Remittance Scheme (LRS) set by the Reserve
Read more on economictimes.indiatimes.com
