EB-5 Green Card fees to be doubled

The US has decided to drastically increase fees for immigrants seeking to invest in America and eventually claim permanent residency under the EB-5 investor programme which remains one of the most reliable ways for Indians to obtain Green Card.

The US Citizenship and Immigration Services (USCIS) finalised a rule on Tuesday that seeks to more than double the fees for applying to the EB-5 visa. The rule will be effective from November 30.

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The US EB-5 Immigrant Investor Programme grants permanent residency (a Green Card) to foreign investors and their immediate families who invest capital into a US commercial enterprise and create 10 full-time jobs for American workers.