For many Nigerians dreaming of visiting family or exploring business opportunities in the United States, a new financial hurdle has just made that journey significantly more challenging. As of **August 3, 2026**, the US State Department has made its visa bond programme permanent, requiring certain B-1 (business) and B-2 (tourist) visa applicants from Nigeria and 49 other countries to post refundable bonds of up to **$20,000** before their visas are issued.
How the Bond Works
Under the new rules, consular officers can require applicants to post bonds at three levels: **$10,000, $15,000, or $20,000**, with $15,000 set as the standard amount. The amount is determined based on individual circumstances, including financial capacity, employment status, purpose of travel, and ties to Nigeria. The bond is **refundable** if the traveller departs the US within their authorised stay and complies with all visa conditions. However, anyone who overstays or violates visa terms risks losing the entire deposit.
Why the US Introduced the Policy
US officials cite rising visa overstay rates as the primary driver behind the policy. During the pilot phase, overstays from affected countries dropped from nearly 45,500 in 2024 to fewer than 50 in the first 10 months. However, visa issuance also fell by 83%, with many applicants choosing not to pay the bond.
A Heavy Blow for Families
For Nigerians already grappling with high visa fees and long interview wait times, this new requirement creates a substantial barrier. A $20,000 bond represents approximately ₦27 million—an impossible sum for many families, entrepreneurs, and small business owners hoping to visit loved ones in America. While the bond is refundable, the upfront cost places the American dream of family reunion further out of reach for countless Nigerians.