Latest News on EB-5 Visa Filing Fee Increases in 2024

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Federal Register is The Daily Journal of the United States Government. On January 31, 2024, it published a “final rule” from the Department of Homeland Security. This, the latest news on EB-5 Visa developments, reveals the raising of filing fees in 2024.

The Story Behind EB-5 Visa Filing Fee Hikes

Before we explore the extra costs you’ll incur, let’s take a step back and explain a little bit about the US EB-5 Investor Visa. In return for creating jobs in the US market and injecting capital, you’ll take a step towards a coveted Green Card. For many, the EB-5 remains the world’s premier Residency by Investment.

The United States Citizenship and Immigration Services (USCIS) is an agency of the Department of Homeland Security (DHS). This “published document” discloses that “USCIS conducted a comprehensive biennial fee review and determined that current fees do not recover the full cost of providing adjudication and naturalization services.”

“DHS is adjusting the fee schedule to fully recover costs and maintain adequate service.”

New EB-5 fees will apply from Monday, April 1, 2024. So, to take advantage of the current prices, you’ll need to file your application no later than Sunday, March 31, 2024.

The Latest News on EB-5 Visa Filing Fees

These new fees make for some eye-watering reading. Selected figures are as follows:

The RIF Trust View

Our Man from Ohio, Ranny Muasher, emphasizes the need for speed: “If an investment migration program appeals, I’d advise you to move quickly.” “In the case of the EB-5 Visa, don’t leave it too late to apply. If you don’t file before April 1, 2024, you could end up paying quadruple the price let alone double.”

Taking the Next Steps Towards an EB-5 Visa

To beat the deadline, you’re going to need to talk to a Residency by Investment specialist. RIF Trust’s experienced consultants will walk you through the process. So, don’t delay and contact us today.