US to introduce visa bonds of up to $15,000 for some foreign visitors
[NigerianEye - Nigeria] - 5/08/2025
The United States will soon implement a new visa policy requiring certain foreign nationals to pay a bond of up to $15,000 as part of a 12-month pilot programme to curb visa overstays. A bond is a form of loan to a government or company for a specific time. Bonds provide the borrower with external funds to finance long term investments. In a notice on the federal register website, the US State Department said under the programme, some applicants for B-1 business and B-2 tourist visas from countries deemed high-risk for visa overstays, may be required to post bonds of $5,000, $10,000, or (…)
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