The Biden management has proposed a steep hike in expenses for us immigrant and naturalisation benefits. With the most important jumps in employment-primarily based totally classes consisting of H-1B visas .
The rate for pre-registration for H-1B visas are proposed to move up through 2,050% from $10 presently to $215. 70% for H-1 class, that consists of H-1B, from $460 to $780, 201% for L visa for intra-company transfers to the US, from $460 to $1,385, and 129% for O class for employees with great skills.
Also, EB-5 visas for investors and entrepreneur, known as millionaire visas, are increasing by 204% to $11,160 from the current $3,675.
Cost for us immigrant getting more expensive
Charges for us immigrant top class processing of all forms of visas will continue to be the same, at $2,500,while some other charges may be reduced.
The proposed hikes have been posted in the Federal Register on Tuesday with the aid of using the Department of Homeland Security. That’s the mom corporation of US Citizenship and Immigration Services tasked with processing immigration and naturalization requests.
The USCIS chalked up the proposed hike to the want for finances for its operations. which, it said, come normally from those fees – at 98% – and now no longer from congressional appropriation.
“The proposed fee rule is the result of a comprehensive review of USCIS fees. The review found that the agency’s current fees, which have remained unchanged since 2016, fall far short of covering all of the agency’s operating costs,” the agency justified the increase.
Covid - 19 Effect
The agency’s 2020 revenue dropped by 40% due to the Covid-19 epidemic. the agency said, adding: “A combination of reduced financial resources, a temporary hiring freeze and workforce attrition has reduced the agency’s ability to resolve cases in a timely manner. Especially when cases are coming returning to pre-pandemic levels. the demand for humanitarian aid programs added to these fiscal problems.
The proposed hikes are predicted to growth USCIS`s annual yield from $3.28 billion in 2022-2023 with the present day fees to $5.2 billion over the equal period. These fees have been last revised in 2016.
In the FAQ, USCIS defended the pre-registration fee for H-1B petitions at 2,050 percent. While he admits the hike may seem “dramatic,” he said the $10 fee was introduced in 2019 simply to cover a small portion of the program’s costs, rather than pay for it.
The United States issues about 85,000 visas. under the H-1B program to foreigners to work for American companies to address a shortage of locally available workers in specialized occupations. About 75 percent of these visas go to Indians.
The rate for pre-registration for H-1B visas are proposed to move up through 2,050% from $10 presently to $215, 70% for H-1 class. That consists of H-1B, from $460 to $780, 201% for L visa for intra-employer transfers to the US, from $460 to $1,385, and 129% for O class for employees with great skills.