Today the U.S. Department of State issued a press release announcing the implementation of new visa processing fees that will become effective beginning April 13, 2012.  Because of a reallocation in costs associated with immigrant visas, all categories of immigrant visa fees will decrease. 

As our readers know, having an approved EB-5 is just the first step in the process towards a greencard.  Once an EB-5 is approved by USCIS, the applicant must either consular process in the home country for their immigrant visa or adjust their status in the U.S. to a lawful permanent resident.  Previously an individual with an approved EB-5 petition and their dependents had to pay a fee of $305 each for immigrant visa processing at a U.S. Embassy or Consulate abroad.  The new EB-5 based immigrant visa fee will be $220 per person.  Filing fees for Adjustment of Status will remain the same.

 

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Photo of Kate Kalmykov Kate Kalmykov

Kate Kalmykov Co-Chairs the Immigration & Compliance Practice. She focuses her practice on business immigration and compliance. She represents clients in a wide-range of employment based immigrant and non-immigrant visa matters including students, trainees, professionals, managers and executives, artists and entertainers, treaty investors

Kate Kalmykov Co-Chairs the Immigration & Compliance Practice. She focuses her practice on business immigration and compliance. She represents clients in a wide-range of employment based immigrant and non-immigrant visa matters including students, trainees, professionals, managers and executives, artists and entertainers, treaty investors and traders, persons of extraordinary ability and immigrant investors.

Kate has deep experience working on EB-5 immigrant investor matters. She regularly works with developers across a variety of industries, as well as private equity funds on developing new projects that qualify for EB-5 investments. This includes creation of new Regional Centers, having projects adopted by existing Regional Centers or through pooled individual EB-5 petitions. For existing Regional Centers, Kate regularly helps to prepare amendment filings, file exemplar petitions, address removal of conditions issues and ensure that they develop an internal program for ongoing compliance with applicable immigration regulations and guidance. She also counsels foreign nationals on obtaining greencards through either individual or Regional Center EB-5 investments, as well as issues related to I-829 Removal of Conditions.

Kate also works with various human resources departments on I-9 employment verification matters as well as H-1B and LCA compliance. She regularly counsels employers on due diligence issues including internal audits and reviews, as well as minimization of exposure and liabilities in government investigations.