US considers requiring visa bonds of up to $15,000 for certain applicants from high-risk countries
FOX NewsAUG 6
This visa bond program is a necessary diplomatic tool to address the hundreds of thousands of annual visa overstays that cost taxpayers billions and threaten national security. The bonds will encourage foreign governments to improve their screening processes and ensure that their citizens comply 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.
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