Important USCIS Fee Increase Alert: How to Save on EB-5 Petition Costs
On January 30, 2024, the U.S. Citizenship and Immigration Services (USCIS) announced the implementation of a final rule, which will result in significant increases in fees for USCIS forms. This adjustment marks the first fee increase for certain forms since 2016. The revised fees outlined in the final rule will take effect on April 1, 2024.
Among those affected are prospective EB-5 investors intending to submit petitions for EB-5 visas. Notably, fees for forms I-526/526E Immigrant Petition by Standalone/Regional Center will surge by 204%. Presently set at $3,675, the fees required by USCIS for filing an EB-5 Petition will escalate to $11,160 as of April 1, 2024.
To mitigate additional expenses, potential investors are advised to promptly engage professional assistance to submit their EB-5 Petitions before the April 1, 2024 . By doing so, investors can avoid incurring extra fees and potentially save on costs.
To assist with navigating these changes, legal experts at Lawmaks stand ready to provide their expertise and support in efficiently preparing and filing your EB-5 Petition before the impending fee hike takes effect on April 1, 2024.