USCIS To Adjust EB-5 Program Filing Fees
Effective October 2, 2020, USCIS will adjust most of their immigration request fees. Here’s how that affects EB-5 Program filing fees.
In a news statement released by USCIS, this adjustment comes after a biennial fee review that determined that there was a need to increase fees to recover costs for services and operations. USCIS is 97% funded by these immigration fees and they state that without this adjustment that they would be underfunded by roughly $1 billion yearly.
According to USCIS, the following EB-5 related fees will be adjusted:
|Immigration Benefit Request||Current Fee||Final Fee||Change ($)||Percentage Change|
|I-526 Immigrant Petition by Alien Investor||$3,675||$4,010||$335||9%|
|I-485 Application to Register Permanent Residence||$1,140||$1,130||($10)||-1%|
|I-829 Petition by Investor To Remove Conditions||$3,750||$3,900||$150||4%|
|I-924 Application for Regional center Designation Under the Immigrant Investor Program||$17,795||$17,795||$0||0%|
|I-924A Annual Certification of Regional Center||$3,035||$4,465||$1,430||47%|
For prospective EB-5 investors, the I-526 Petition fees are set to increase by 9% and the I-829 fees by 4%. For regional centers, the I-924 application fee (the most expensive fee at USCIS) will remain the same, but the I-924A fee is set to increase by a significant 47%.
- New York
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