The Department of Homeland Security in Washington on Aug. 12, 2024. Madalina Vasiliu/The Epoch Times
Immigrant investors seeking U.S. residency through the EB-5 visa program would pay significantly lower application fees under a new proposal from the Department of Homeland Security (DHS), which comes as the Trump administration advances a separate “Gold Card” initiative aimed at ultra-wealthy foreigners.
The proposed rule, published on Oct. 23 by U.S. Citizenship and Immigration Services (USCIS), would roll back filing costs for people using the EB-5 program, which allows foreign nationals to obtain green cards by investing in American businesses that create jobs. The agency said the fee cuts reflect updated cost studies and are intended to make the program more efficient and financially self-sustaining.
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Original News Source Link – Epoch Times
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