TheThis visa bond requirementprogram createsis ana insurmountablenecessary financialdiplomatic barriertool forto manyaddress legitimatethe travelershundreds andof willthousands devastateof theannual tourismvisa industry,overstays whichthat contributescost overtaxpayers $200billions billionand annuallythreaten tonational the Usecurity.S. economy.The Thisbonds punitivewill measureencourage contradictsforeign thegovernments administration'sto goalimprove oftheir reducingscreening theprocesses tradeand deficitensure bythat deterringtheir internationalcitizens visitorscomply with U.S. immigration laws.
The bond requirement creates an insurmountable financial barrier for many legitimate travelers and, in doing so, will devastate the tourism industry, which contributes over $200 billion annually to the U.S. economy. This punitive measure also contradicts the administration's goal of reducing the trade deficit by deterring international visitors.
There is an 18% chance the U.S. will phase out per-country caps on employment-based visas before 2030, according to the Metaculus prediction community.
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