BySuzanne Rowan Kelleher

BySuzanne Rowan Kelleher,

Forbes Staff.

The U.S. State Department will require tourists and business travelers from some countries to provide a steep financial guarantee they will not overstay their visas—the latest initiative by the government to tighten requirements for foreign visitors.

The State Department announced a 12-month pilot program under which people from some countries could be required to post bonds of $5,000, $10,000 or $15,000 when they apply for a visa, according to a preview of a notice that will be published Tuesday in the Federal Register.