Immigrant Investors to Face Lower Visa Fees in DHS Draft Rule

Proposed changes would cut EB-5 application costs by about 14 percent while tightening oversight of the investor visa program.
Immigrant Investors to Face Lower Visa Fees in DHS Draft Rule
The Department of Homeland Security in Washington on Aug. 12, 2024. Madalina Vasiliu/The Epoch Times
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
0:00

Immigrant investors seeking U.S. residency through the EB-5 visa program would pay significantly lower application fees under a new proposal from the Department of Homeland Security (DHS), which comes as the Trump administration advances a separate “Gold Card” initiative aimed at ultra-wealthy foreigners.

The proposed rule, published on Oct. 23 by U.S. Citizenship and Immigration Services (USCIS), would roll back filing costs for people using the EB-5 program, which allows foreign nationals to obtain green cards by investing in American businesses that create jobs. The agency said the fee cuts reflect updated cost studies and are intended to make the program more efficient and financially self-sustaining.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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