EB5 application fees to increase soon

USCIS has proposed to increase application fee for EB5 cases.  Here are the details:

§  Form I-924A (to be titled “Annual Certification of Regional Center”): new $3,035 fee

§  Form I-924 application for regional center designation or amendment: increase from $6,230 to $17,795

§  Form I-526 immigrant petition: increase from $1,500 to $3,675

§  Form I-829 petition to remove conditions: no change (still $3,750)

While the fee increase may not be that much to make deference when an EB5 investor decides to file EB5 application, the increase is the first time I-526 has been more than doubled.  Other program changes are also under consideration, such as investment amount, TEA rules and source of fund.

USCIS also published the following data, which shows the actual time an USCIS officer worked on each type of applications:

 I-526: 6.5 hours; I-829: 5.5 hours; I-924: 40 hours; I-924A: 5 hours.