Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • ICICI Prudential launches two new iSIF Long Short funds: What makes these strategies stand out?
    • Mutual fund investing basics: Understanding compounding with calculators
    • Franklin Templeton caps inflows into two overseas mutual fund schemes
    • Mutual Fund Definition | Investing Dictionary
    • Investment Banker Reveals Why Pension Funds Choose Worse Returns Than a Simple 60/40 Index Portfolio
    • Mutual Fund Returns Explained: CAGR vs XIRR vs Rolling Returns — how each metric impacts investment outcome
    • Best Crypto ETFs to Buy in 2026
    • | Shepparton News
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»Visa Bonds Immigration Plan Called ‘Economic Apartheid’ — Why Tourists from Poor Nations Must Pay $15,000 to Visit the US
    Bonds

    Visa Bonds Immigration Plan Called ‘Economic Apartheid’ — Why Tourists from Poor Nations Must Pay $15,000 to Visit the US

    August 5, 2025


    The United States will soon begin enforcing a controversial immigration policy requiring tourists and business visitors from selected countries to post refundable bonds of up to $15,000 before entering the country.

    The 12-month pilot programme, set to begin on 20 August 2025, targets B-1 and B-2 visa applicants from nations deemed to have high visa overstay rates or insufficient identity verification systems. Critics have called the move a form of ‘economic apartheid’, raising concerns over unequal treatment of travellers from poorer countries.

    What Is the Visa Bond Programme?

    The visa bonds immigration pilot allows US consular officers to impose financial deposits of $5,000, $10,000, or $15,000 on eligible B-1/B-2 visa applicants. These bonds are refundable only if the individual leaves the country before their visa expires or gains legal immigration status.

    First proposed by the Trump administration in 2020, the rule was never enacted at the time. It has now been revived under a new directive issued by the Department of State and published in the Federal Register on 5 August 2025. The pilot will run for one year and will apply to a limited number of applicants, estimated at around 2,000 individuals during the trial period.

    Which Countries Are Affected?

    As of early August, the official list of targeted countries has not yet been released. However, it is expected to be published on the Travel.State.Gov website at least 15 days before implementation. The criteria for inclusion focus on countries with historically high visa overstay rates, unreliable passport or identity vetting systems, or those offering citizenship-by-investment programmes without long-term residency requirements.

    Media reports have identified likely participants to include Chad, Eritrea, Haiti, Myanmar, Yemen, Djibouti, Burundi, and Togo, among others. These nations are not part of the Visa Waiver Programme, which grants entry to citizens from many high-income Western countries without such financial guarantees.

    Concerns Over Economic and Travel Barriers

    The visa bonds policy has been met with backlash from civil liberties groups and travel industry bodies, who warn that it may discourage tourism and reinforce financial discrimination. Advocacy groups argue that the cost of compliance may be prohibitively high for travellers from lower-income nations.

    While no official spokesperson has used the term ‘economic apartheid’, the phrase has emerged in commentary and coverage highlighting how the scheme effectively creates a financial barrier for Global South nations, while wealthier nations continue to enjoy relatively unrestricted travel to the US.

    The bond amounts far exceed typical visa application fees and may also present logistical challenges, with payments processed via Pay.gov using form I-352.

    Justification from US Officials

    According to the Department of State, the visa bond initiative is designed to deter visa overstays and improve accountability for travellers from countries with a history of non-compliance. Officials stress that the programme is temporary and that consular officers will have discretion in determining whether a bond is necessary on a case-by-case basis.

    The bond will be refunded upon proof of timely departure, adjustment to legal status, or the traveller’s death, ensuring that the funds are not intended as revenue collection but as a security measure.

    Policy Timeline and Next Steps

    The pilot programme will officially begin on 20 August 2025 and is set to operate for 12 months. The initial list of affected countries is expected by 5 August, with the possibility of updates throughout the year. Analysts expect increased scrutiny from human rights organisations and foreign governments as the policy unfolds.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    IMF raises UK growth forecast and backs Reeves’s deficit reduction plans; bonds recover after sell-off – as it happened | Business

    May 18, 2026

    NS&I boosts premium bonds prize fund: are you more likely to win?

    May 18, 2026

    Indian firms are turning to floating-rate bonds as interest rate hikes loom. Here’s why

    May 18, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    | Shepparton News

    May 18, 2026

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    ICICI Prudential launches two new iSIF Long Short funds: What makes these strategies stand out?

    May 19, 2026

    ICICI Prudential Mutual Fund has launched two new offerings under its Specialized Investment Fund (SIF)…

    Mutual fund investing basics: Understanding compounding with calculators

    May 19, 2026

    Franklin Templeton caps inflows into two overseas mutual fund schemes

    May 19, 2026

    Mutual Fund Definition | Investing Dictionary

    May 18, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Government bonds are out, investment grade bonds in, UBS says, ahead of Fed cuts By Investing.com

    August 23, 2024

    Telix Pharmaceuticals Secures A$650M in Bonds

    July 24, 2024

    Overseas Stock and Bond Holdings by Korean Investors Hit Record $127 Billion in First Half of Year

    July 19, 2024
    Our Picks

    ICICI Prudential launches two new iSIF Long Short funds: What makes these strategies stand out?

    May 19, 2026

    Mutual fund investing basics: Understanding compounding with calculators

    May 19, 2026

    Franklin Templeton caps inflows into two overseas mutual fund schemes

    May 19, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.