United States hikes visa fees for various categories of non-immigrant visas like H-1B, EB-5,  popular among Indians : The Tribune India

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United States hikes visa fees for various categories of non-immigrant visas like H-1B, EB-5,  popular among Indians

The fee hike, first after 2016, will come into force from April 1

United States hikes visa fees for various categories of non-immigrant visas like H-1B, EB-5,  popular among Indians

The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in specialty occupations that require theoretical or technical expertise.



PTI

Washington, February 1

The US has announced a steep increase in fees for various categories of non-immigrant visas like the H-1B, L-1 and EB-5, the most popular among Indians.

The fee hike, first after 2016, will come into force from April 1.

The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in specialty occupations that require theoretical or technical expertise.

Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.

The EB-5 programme, launched by the US government in 1990, enables high-net-worth foreign investors to obtain a US visa for themselves and their families by investing a minimum of USD 5,00,000 in a US business that helps create 10 jobs for American workers.

To come into force from April 1, the new H-1B application visa fee, which is form I-129, has been increased from USD 460 to USD 780. The H-1B registration will increase from USD 10 to USD 215, but from next year.

The fee for L-1 visas has been increased from USD 460 to USD 1,385, and that of EB-5 visas, popularly known as investors visas, has jumped from USD 3,675 to USD 11,160, according to a federal notification issued on Wednesday.

The L-1 visa is a non-immigrant visa category in the US that is designed for intracompany transferees. It allows multinational companies to transfer certain employees from their foreign offices to work in the US temporarily.

The fee adjustments, as well as changes to the forms and fee structures used by United States Citizenship and Immigration Services (USCIS), will result in net costs, benefits, and transfer payments, the Department of Homeland Security said in its federal notification.

For the 10-year period of analysis of the rule (FY 2024 through FY 2033), the US Department of Homeland Security (DHS) estimates the annualised net costs to the public will be USD 157,005,952, discounted at three and seven per cent. 

#United States of America USA #Washington


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