US Increases Visa Fees for Non-Immigrant Categories Including H-1B and EB-5

US Increases Visa Fees for Non-Immigrant Categories Including H-1B and EB-5
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The H-1B, L-1, and EB-5 visas—the most sought-after by Indians—among the other non-immigrant visa categories have seen a sharp rise in costs announced by the US. The first fee increase since 2016 will take effect on April 1. According to news agency PTI, the new form I-129 H-1B application visa price has increased from USD 460 to USD 780 as of April 1.

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 years 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 percent. Estimated total net costs over 10 years will be USD 1,339,292,617 discounted at three percent and USD 1,102,744,106 discounted at seven percent. DHS argued that the changes in the final rule will also provide several benefits to it and applicants/petitioners seeking immigration benefits. For the government, the primary benefits include reduced administrative burdens and fee processing errors, increased efficiency in the adjudicative process, and the ability to better assess the cost of providing services, which allows for better-aligned fees in future regulations.

The primary benefits to the applicants/petitioners include reduced fee processing errors, increased efficiency in the adjudicative process, the simplification of the fee payment process for some forms, elimination of the USD 30 returned check fee, and for many applicants, limited fee increases and additional fee exemptions to reduce fee burdens. In many categories, the federal notification has made a minor reduction in visa application fees as well. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality 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.(With agency inputs)

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Daily Dazzling Dawn is the first and only international and non-profitable newspaper, which is 100% ownership of professional journalists from Bangladeshi origin with 20 years of experience in global journalism. The main aim of the newspaper is promoting ethical journalism with truth, accuracy and proficiency.

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Dulal Ahmed Chowdhury

Dulal Ahmed Chowdhury is the Editor of The Daily Dazzling Dawn. Previously, he has been serving in important positions in all the famous national dailies of the Bangladesh since the nineties. He has played a commendable role in journalism by participating in various events at the national and international levels. United Nations Conference, World Climate Conference, SAARC Summit are notable among them.

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