California Immigration Consultant Bond

It is illegal to provide immigration consultancy services without a proper license in California. That’s why anyone who wants to run such a business has to obtain a license from the Secretary of State. Consultants need to know the specificities of the immigration process, the necessary documents, and the cases in which customers need legal help beyond their capabilities. Besides compliance with state laws, the bond specifically provides protection for consultants’ customers, against fraudulent activities that a consultant might engage in. These include charging unneeded fees, making false statements or guarantees, and instigating towards fraud, among others.

Your bond cost is calculated on the basis of the bond amount that you have to post to get a California immigration consultant license. It’s currently set at $100,000, and needs to be renewed every two years.

While this bond amount may appear considerable, your bond premium is only a fraction of it. You’ll likely need to cover only 1%-5% of this amount to get bonded.

How is your bond price set? Your surety takes a close look at your personal and business finances. It examines your personal credit score, business records, assets and liquidity, as well as industry experience. If these factors are stable, you will have to pay a lower bond premium.

You can check our surety bond cost page for a complete overview of how your surety bond cost is determined.

Lance Surety Bonds runs its Bad Credit Surety Bonds program to help consultants with low credit scores, tax liens, bankruptcies, or civil judgements get the bonds they need.

If you have problematic finances, you can expect rates in the range of 5%-10%. The higher bond price is there to compensate for the increased bonding risk. Because of our close partnerships with a number of A-rated, T-listed surety companies, we can choose the best bonding option for your particular situation.

Apply online to get your free California immigration consultant bond quote right away. We will deliver your exact bond price once you submit your full application and paperwork.

If you would like to learn in detail about the bonding process, you can consult our How to Get Bonded page.

For further information, don’t hesitate to call us at (877) 514-5146. Lance Surety Bonds’ specialists will be happy to assist you.

Bonds are not the same as insurance. They do not protect your business, but your customers. If you break state laws– by engaging in fraud, for example– you can face a claim against your bond. Such cases include providing fake services, encouraging your customers to lie on their immigration application, and imposing illegal fees.

Claimants may be reimbursed in case of proven claims. The maximum penal sum of the bond is the largest compensation they can receive. While your surety will cover these expenses at first, you will need to repay it in full. That’s why claims are a financial threat to your consultancy and should be avoided as much as possible.