EB-5 Visa: US plans fees reduction for foreign investors by 17 percent, but set to levy new technology charge

EB-5 Visa update: The Department of Homeland Security (DHS) intends to issue a new regulation to decrease the EB-5 filing cost and give technical explanations to simplify the program. The recommended modifications comprise a fourteen percent decrease in petition fees for Forms I-526 and I-526E, a 17% drop in Form I-829, and a new $95 technology fee.

What is an EB-5 Visa?
Approximately 10,000 visas are granted annually under the EB-5 Immigrant Investor Program to foreign nationals and their families who commit a minimum of $1.05 million or $800,000 in a specified employment region in a US company that generates at least 10 full-time jobs.