Story perspectives
Trump Makes Visa-Bond Program Permanent, Up to $20,000
8/12/2026
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Story summary
- The Trump administration made permanent a visa-bond program that requires bonds of up to $20,000 from applicants of 50 countries.
- Visa issuances in the pilot nations fell 83% over ten months.
- Overstays among travelers from those countries fell from 45,488 in fiscal 2024 to fewer than 50.
- U.S. Travel Association President Geoff Freeman warned that expanding the bond to more or all visa-required countries would harm economy and travel industry.
