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Lokvani Team 01/31/2024 US hikes H-1B visa registration fees by a whopping 2050% United
States Citizenship and Immigration Services (USCIS) has finalised its revised
rates for visa applications and registration fees. The hikes in rates were
revealed in a statement by the Department of Homeland Security (DHS) published
Wednesday, January 31. According to the new rule, the H-1B visa registration fees have been increased by a
whopping 2050%. Here's all you need to know about the latest changes in the
immigration process announced by the USCIS and DHS: The
increased fee structure will be effective from April 1. The most common visa
types among Indian immigrants are the H-1B, L-1, and EB-5. After an increase of
2050%, the new H-1B registration process fees will be $215, which is in
striking contrast to the current rate of $10. The current L-1B visa fees are
$460, which has been increased to $1,385. Meanwhile, the fees for EB-5 visas
have jumped from $3,675 to $11,160. According
to the detailed copy of revised rates and fee structure shared by DHS, the agency said, “DHS also revises
the USCIS volume forecasts for H–1B registration workload, to 424,400, based on
more recent information than was available while drafting the proposed rule,
such as the total registrations for the FY 2023 cap year.†“The
proposed rule forecasted 273,990 H–1B registrations. 88 FR 402, 437 (Jan. 4,
2023). This change increases the estimated revenue generated by the H–1B
registration fees in the final rule,†the statement by DHS adds. Additionally,
the agency also explained the change in rates for the EB-5 visa in
the official announcement. The statement reads, “DHS has
updated the USCIS volume
forecasts for the EB–5 workload based on more recent and reliable information
than what was available while drafting the proposed rule. Increasing the
fee-paying receipt forecasts for these workloads conversely increased the
estimated revenue generated by EB–5 fees. DHS also revised the USCIS budget to
reflect these changes,†per the Federal Register website. You may also access this article through our web-site http://www.lokvani.com/ |
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