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US to require $15,000 collateral for visa applications

The US State Department is reportedly preparing a regulation that will require ‘collateral’ of up to $15,000 from applicants for business and tourist visas.

According to a statement from the US State Department, the department is introducing new financial obligations for visa applications from some countries to the US. The legislation, which is expected to be published today, will specifically target applicants from certain countries applying for business and tourist visas and will require them to deposit ‘collateral’ of up to 5, 10 or 15 thousand dollars.

It was stated that the application was made in order to see whether people who want to enter the US meet the necessary financial obligations and in this way, it is aimed to carry out the entry processes of some applicants to the US in a more controlled manner. How this will affect applications from which countries will be shared with the public in the regulation to be announced today.