logo
Pay Rs 17 lakh & skip 10-year wait: US Bill proposes green card fast-track

Pay Rs 17 lakh & skip 10-year wait: US Bill proposes green card fast-track

Soon, you may be able to pay $20,000 (Rs 17.5 lakh) and move your US visa application to the front of the queue. A new bipartisan Bill introduced in the US House of Representatives proposes allowing individuals who have been stuck in the green card backlog for over ten years to fast-track their applications by paying this fee.
The Dignity Act of 2025 (H.R. 4393), led by Rep. Maria Elvira Salazar (R-Florida) and Rep. Veronica Escobar (D-Texas), sets out to clear the legal immigration visa backlog by 2035.
'This Bill is not about left or right,' said Rep. Salazar. 'The Dignity Act is a revolutionary Bill that offers the solution to our immigration crisis: secure the border, stop illegal immigration, and provide an earned opportunity for long-term immigrants to stay here and work. No amnesty. No handouts. No citizenship. Just accountability and a path to stability for our economy and our future.'
'It's about solving a problem that's been broken for decades. The American people are ready for a solution that is both tough and fair,' she said.
The Bill is a revised version of a 2023 proposal and reflects a growing willingness in both parties to revisit immigration rules. Its full name stands for 'Dignity for Immigrants while Guarding our Nation to Ignite and Deliver the American Dream'.
It will soon be open for public comment.
$20,000 premium route to permanent residency
Under the proposal, eligible applicants in family or employment-based categories who have waited more than a decade could pay $20,000 for premium processing and get their visa ahead of the normal queue. The Bill also places a ceiling on maximum wait times, with a goal to eliminate backlogs within ten years.
Higher country caps to reduce delays
Per-country limits for both employment-based and family-sponsored green cards would rise from 7 per cent to 15 per cent. The change could shorten waits for high-demand countries such as India and China, which currently face some of the longest queues.
Path to permanent status for documented dreamers
The Bill offers permanent residency to documented dreamers – children of long-term visa holders – who risk losing legal status when they turn 21. Anyone who has lived lawfully in the US for at least ten cumulative years would qualify.
Student and work visa changes
The Dignity Act proposes several adjustments to legal immigration rules:
1. F-1 student visas would be 'dual intent', allowing international students to apply for permanent residency after graduation without proving they plan to return home.
2. Students on Optional Practical Training (OPT) would be required to pay Social Security and Medicare taxes.
3. Spouses and children of visa applicants would not be counted towards annual visa caps, potentially increasing the number of principal applicants approved each year.
4. O visa eligibility would automatically apply to international doctoral graduates in STEM and medical fields.
Immigration agency reforms and funding
A new Immigration Agency Coordinator post would be created to improve coordination between the Department of State, the Department of Labor, and US Citizenship and Immigration Services (USCIS). Around $3.6 Billion is earmarked to tackle processing delays and work authorisation backlogs.
'The US Chamber of Commerce supports the Dignity Act as a constructive step towards providing the necessary resources to strengthen border security that builds on President Trump's success at the southern border,' stated Neil Bradley, executive vice president and chief policy officer. 'This bipartisan Bill offers sensible solutions for the legal immigration system, addresses critical workforce needs for businesses, and advances American innovation and productivity.'
Key provisions of the Dignity Act
The Bill is split into five main sections:
Securing the border and restoring law and order
• Nationwide E-Verify to ensure all workers are legally employed.
• Enhanced physical barriers and technology at the southern border.
• New powers to track smugglers and illicit border spotters.
• Higher penalties for human trafficking and for damaging border security equipment.
• DNA testing to confirm family relationships.
Fixing the asylum system
• At least three humanitarian campuses to process arrivals within 60 days.
• On-site medical, legal, and social services for asylum-seekers.
• New immigration centres in Latin America to pre-screen asylum claims and reunite families.
• Stricter penalties for fraudulent claims.
The Dignity Programme for undocumented immigrants
• Conditional permanent residency for ten years for Dreamers and DACA recipients, leading to lawful permanent resident (LPR) status through work, study, or military service.
• A separate Dignity Programme for those in the US for more than five years before December 31, 2020.
• Restitution payments of $7,000 over seven years, plus back taxes.
• No access to federal benefits, no path to citizenship.
Support for American workers
• A new American Worker Fund financed by restitution payments, expected to raise $70 Billion for training and upskilling unemployed citizens.
Modernising legal immigration
• The $20,000 premium processing route for applicants waiting over ten years.
• Per-country caps raised to 15 per cent.
• STEM PhD and medical graduates from US universities eligible for O visas.
• Excluding spouses and children from annual visa limits to boost numbers of principal applicants.
• New 90-day visitor visa for family, business, or tourism purposes.
• F-1 visas made dual intent.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Sawaliya Foods Products IPO listing today. Here's what GMP suggests
Sawaliya Foods Products IPO listing today. Here's what GMP suggests

Time of India

time28 minutes ago

  • Time of India

Sawaliya Foods Products IPO listing today. Here's what GMP suggests

Sawaliya Foods Products, a manufacturer of dehydrated vegetables for the packaged food industry and international markets, is set to list on the NSE SME platform following its Rs 35 crore IPO. The proceeds will fund machinery upgrades, solar installations, working capital, and debt repayment. Strong investor demand, niche products, and healthy grey market trends point to a potential strong listing. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Sawaliya Foods Products will list on the NSE SME platform today following its Rs 35 crore public issue, which opened on August 7 and closed on August 11, 2025, was subscribed 13.32 times overall, with the non-institutional investor (NII) category leading at 20.11 times, followed by qualified institutional buyers (QIB) at 15.83 times and retail investors at 8.92 at Rs 120 per share, the IPO comprised a fresh issue of 26 lakh shares worth Rs 31.23 crore and an offer for sale of 3 lakh shares worth Rs 3.60 the grey market, Sawaliya Foods Products' shares are trading at a premium of about 5% over the issue price. The subscription numbers and active grey market activity indicate investor optimism , though analysts caution that listing-day performance will also depend on broader market Foods Products is engaged in manufacturing and processing dehydrated vegetables, catering largely to the packaged food industry and international products, including dehydrated carrots, cabbage, and string beans, are used in cup noodles, ready-to-eat meals, pasta, and IPO proceeds will be used to purchase and upgrade machinery, install an on-grid rooftop solar PV system, meet working capital needs, repay certain borrowings, and for general corporate robust investor demand, a niche product line in the growing FMCG supply chain , and healthy GMP trends, the market will be watching closely to see if Sawaliya Foods can deliver a strong listing pop.

Bank Lending Rates Dip In July On The Back Of RBI Rate Cuts
Bank Lending Rates Dip In July On The Back Of RBI Rate Cuts

India.com

time28 minutes ago

  • India.com

Bank Lending Rates Dip In July On The Back Of RBI Rate Cuts

Mumbai: Softer lending rates in the Indian economy due to the transmission of the RBI's repo rate cuts to other rates, such as bank lending rates and deposit rates, continued in July, leading to an improvement in financial conditions during the month, according to a report released on Wednesday. Key bank lending rates, such as the one-year marginal cost of funds-based lending rate (MCLR) and auto loan rate, eased 15 bps to 8.75 per cent and 7 bps, respectively to 9.19 per cent, while deposit rates eased 3 bps to 6.37 per cent during the month making it cheaper for banks to raise funds, the Crisil Research report said. The weighted average lending rate (WALR) on fresh rupee loans has eased sharply as well. As per the latest available data, the WALR eased 58 bps on-month to 8.62 per cent in June, the lowest since October 2022. The surplus in systemic liquidity also inched up in July, led by increased government spending and a decline in currency in circulation, pulling down money market rates further. The RBI's Monetary Policy Committee (MPC) reduced the policy rate by 100 basis points (bps) between February and June. As lending rates eased, bank credit growth improved, but remained weaker than in the January-March quarter. Bank credit growth has improved in the past two months now. Sectoral data, available till June, indicates credit growth picked up in the personal loans, services and industry segments. However, concerns about US tariffs weighed on markets ahead of the August 1 deadline, with equity markets ending July lower than June. Foreign portfolio investors (FPIs) were net sellers of equities. The 10-year government security (G-sec) yield saw an uptick towards the end of the month, driven by mild FPI outflows in debt in the second half of the month. The yield rose in June and July despite rate cuts, leading to a sharp rise in the term premium. For the fourth straight month, systemic liquidity remained in surplus, which widened a tad in July compared with June. The RBI net absorbed Rs 3 lakh crore in July, slightly higher than the Rs 2.7 lakh crore in June. The higher surplus was supported by an increase in government spending and a decline in currency in circulation, the report said. Another positive for the economy was that crude oil prices remained broadly stable at $71 per barrel from $71.5 amid the Organisation of the Petroleum Exporting Countries and allies increasing oil output, the report added.

Bad news for Shilpa Shetty and husband Raj Kundra, power couple charged with fraud worth...
Bad news for Shilpa Shetty and husband Raj Kundra, power couple charged with fraud worth...

India.com

time28 minutes ago

  • India.com

Bad news for Shilpa Shetty and husband Raj Kundra, power couple charged with fraud worth...

Bad news for Shilpa Shetty and husband Raj Kundra, power couple charged with fraud worth... In yet another trouble for the power couple, Bollywood actor Shilpa Shetty and her husband, businessman Raj Kundra, have been charged with defrauding a Mumbai-based businessman of Rs 60 crore. One businessman Deepak Kothari has alleged that he had given them Rs 60.48 crore for business expansion around 2015-2023, but he alleged that they spent it on personal expenses. The case is linked to loan-cum-investment deal for the celebrity couple's now-defunct Best Deal TV Pvt Ltd. What is the case? Kothari, director of Lotus Capital Financial Services, said in his complaint that one agent, Rajesh Arya introduced him to the couple, who were then directors of Best Deal TV Pvt Ltd, a home shopping and online retail platform. At that time, the power couple held 87.6% of the company's shares. Kothari claimed the Bollywood couple initially sought a loan of Rs 75 crore at 12% interest. He was later persuaded to route the funds as an 'investment' to avoid higher taxation, while being assured of monthly returns and repayment of principal. How was the money transferred? Following the assurances, Kothari claimed he transferred Rs 31.95 crore in April 2015 under a share subscription agreement, followed by another Rs 28.53 crore under a supplementary agreement in September 2015. The total amount was allegedly credited to Best Deal TV's HDFC Bank accounts. Kothari eventually filed a complaint after he alleged that repeated attempts to recover his money through the mediator, Rajesh Arya, failed. The investigation into the case has been handed over to the Economic Offences Wing (EOW) as the amount involved exceeded Rs 10 crore.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store