US Demands $15,000 Cash Bond for Young Entrepreneurs from Bangladesh, Nepal

The United States has introduced a new financial requirement for certain first-time visa applicants from Bangladesh and Nepal. They must now pay a refundable $15,000 bond. The pilot program, announced by the U.S. Department of State, targets specific groups. It applies to B-1/B-2 business and tourist visa holders. Applicants must be from Bangladesh or Nepal, aged 21-35, and applying for their first U.S. visa. Officials state the bond aims to ensure visitors comply with visa terms and depart on time. The money is returned after the traveler leaves the U.S. within the permitted period. Business leaders in both countries criticize the policy. They argue it unfairly targets young professionals and entrepreneurs. Many fear it will block a key path for legitimate business travel, training, and networking. The U.S. Embassy states the measure addresses overstay concerns. It is a temporary test program set to run for six months. The rule creates immediate uncertainty. Young businesspeople must now find a large sum of cash before even applying. This adds a significant new barrier to international commerce and exchange.