Immigration Consultant Bond

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What is an Immigration Consultant Bond?

Certified immigration consultants in the U.S. are required to post an Immigration Consultant Bond, and keep it valid at all times. The bond is required in order to get the certification from the relevant authority in their state of operation.

The specific bond amounts vary throughout the states. It is also one of the several essential documents which immigration consultants are required to provide, along with an immigration consultant disclosure form, in order to operate legally.

An Immigration Consultant Bond functions as a protection for the state and the general public, and does not safeguard your business. Its purpose is to protect your customers seeking immigration consultation from any unlawful actions on your side, such as fraud and misrepresentation of information.

Being a certified immigration consultant is a strong sign to people that you are following the law, and will provide them with reliable consulting.

Similarly to other types of bond, an Immigration Consultant Bond is a three-party contractual agreement:

  • A principal - your business
  • An obligee - the state authority that will certify your consultancy
  • A surety - the entity providing the bond.

In case you transgress the state rules that govern your business, an affected party can make a claim on your bond. The consequences are described in the Questions section below.

Why Do Immigration Consultants Need a Surety Bond?

You are required to post a surety bond for immigration consulting services due to the sensitive nature of the work.

Considering the implications that misrepresentation or the performance of unlawful acts can have upon those seeking immigration advice, the bond serves as a means of providing those customers safety.

Bonding Requirements for Immigration Consultants

The bond needs for immigration consultants are set on a state-by-state basis, and subsequently vary across the country. For example, New York City requires a bond worth $50,000, whereas California a California Immigration Consultant Bond must be worth $100,000.

To find the exact bonding requirements for your consultancy, you should check with your local secretary of state.

Questions about Immigration Consultant Bonds

Who Needs to Obtain an Immigration Consultant Bond?

If you’re looking into becoming a certified immigration consultant, you will be required to post an Immigration Consultant Bond as a part of your registration process. The specific conditions vary, depending on the state you’re based in.

As a certified immigration consultant, you will be expected to have thorough understanding and experience with the procedures of completing immigration documents, and catering to the specific immigration needs of different clients. The immigration consultant surety bond guarantees you will execute these responsibilities lawfully and to the best of your knowledge.

Before you start your bonding process, carefully examine the bonding requirements of your state authority, so that you are fully compliant.

How Much Does an Immigration Consultant Bond Cost?

How much you need to pay for your Immigration Consultant Bond depends on the bond amount you are asked to obtain, plus the overall strength of your finances.

Different states have various requirements for the Immigration Consultant Bond amount. If you are based in California, you’re asked to post a $100,000 California Immigration Consultant Surety Bond, while in Utah the amount is $50,000. You can determine the exact amount that applies for you by checking with your state authority.

To get bonded, you do not have to pay the full bond amount. You pay only the bond premium, which is a percentage of the total amount. For the standard bonding market, the usual premiums are between 1% and 2.5% for Immigration Consultant Bonds. For a Utah bond this means you’ll need to pay between $500 and $1,250.

Surety Bond Cost Based on Credit Score
Surety bond name Surety bond amount Above 700 Between
650-699
Between
600-649
Below 599
Utah and New York Immigration Consultant Bond $50,000 $375-$750 $500-$1,250 $1,250-$2,500 $2,500-$5,000
California Immigration Consultant Bond $100,000 $750-$1,500 $1,000-$2,500 $2,500-$5,000 $5,000-$10,000

 

* This table provides a ballpark estimate of potential bond costs. Bond pricing can fluctuate over time due to a number of factors. For exact pricing, please complete an application.

 

How is your bond premium determined? The surety agency takes a close look at your overall finances, paying special attention to your personal credit score. Your assets and liquidity, as well as your professional experience as an immigration consultant are also considered. The stronger your financial and business profile is, the less you will have to pay for your immigration consultant surety bond.

You can consult our consult our surety bond cost guide to get the complete picture of how your bond premium is set.

Can I Get an Immigration Consultant Bond with Bad Credit?

Even if your credit score is far from stellar, you shouldn’t worry about not being able to get bonded. Lance Surety Bonds runs its exclusive Bad Credit Surety Bonds program in order to help applicants with low credit score, tax liens, bankruptcies, or civil judgements, obtain the bond they need to keep their business going.

You are likely to pay a bit higher bond premium, in the range of 5%-10%. This compensates for the higher risk that is involved in getting bad credit applicants bonded. At Lance, we can offer you the best rates tailored to your specific circumstances, so you’ll never have to pay more than you need to.

Whatever your credit score is, we can be your trusted partner in getting your Immigration Consultant Bond, and running a successful consultancy.

 

Can I Get an Immigration Consultant Bond with Bad Credit?

Getting your Immigration Consultant Bond with Lance Surety Bonds is a straightforward process. You can apply online, attaching all required documents that accompany your application. You will receive your free quote in no time.

Due to our excellent connections with numerous A-rated, T-listed bonding companies, we can offer you the top bonding rates for immigration consultant surety bonds across the U.S.

For any questions, you can consult our How to Get Bonded page. If you can’t find the answers you need, don’t hesitate to call us at (877) 514-5146. We will be happy to help with the application process, or offer our expert advice.

How Do I Renew My Immigration Consultant Bond?

Your Immigration Consultant Bond should be renewed annually or biannually, depending on your state of operation. The renewal usually goes together with renewing your certificate or registration with the state authority.

Getting bonded with Lance Surety Bonds means you don’t need to worry about missing your renewal deadlines. We will send you a notification a few months earlier, and will then contact you via mail, fax and email to make sure you have received the information. This means you’ll have plenty of opportunities to get the renewal done on time, so you can stay compliant and run your certified immigration consultancy.

How Are Bond Claims Handled for Immigration Consultants?

It’s a useful reminder that an Immigration Consultant Bond does not protect your business, but your customers. It guarantees that you will provide them with the right services that they need. Engaging in fraudulent activities or otherwise transgressing the applicable rules can lead to a claim against your bond.

If the claim is proven, this can lead to serious financial consequences for your consultancy. You will have to financially reimburse the affected parties, up to the penal amount of the bond. Your surety will pay at first, but you need to cover all costs afterwards.

What Happens If I Do Not File an Immigration Consultant Bond?

All states require immigration consulting service providers to post an Immigration Consultant Bond. Failure to do so means that, if you continue to provide immigration consulting services, you are doing so illegally, and are subsequently eligible to have charges leveled against you.

Additional Resources for Immigration Assistance Providers

You can begin your bonding application easily. Apply now for a surety bond quote in our License Bonds section, and our experts will guide you through the process.


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About Us

Lance Surety Bonds
Lance Surety Bond Associates, Inc. is a Pennsylvania-based surety bond agency that offers bonding at competitive rates in all 50 states. Established in 2010, our company has grown to become one of the top online bond producers in the country. Working exclusively with A-rated and T-listed bonding companies gives us the confidence to offer a 100% money-back guarantee. read more

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Kimberlee Ables

Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!

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Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!

Margie Martinez

We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!

Kimberlee Ables

Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!

Andrew Poincot

Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!

Margie Martinez

We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!