Study Abroad: One of the benefits of the EB-5 Visa is that it allows international students already in the US to obtain a Green Card almost immediately.
The EB-5 Visa program offers a transformative opportunity for international students studying in the US to acquire a Green Card, providing them with an advantage over their peers and a future filled with stability and security.
The EB-5 Visa, known as the āImmigrant Investor Program,ā grants a Green Card to investors and their immediate family members (including the investor, spouse, and children up to 21 years old) in exchange for investing $800,000 in a qualifying project in the US. Recent program updates have made it even more appealing for international students already in the US, allowing them to access Green Card benefits almost immediately.
1. Benefits while pursuing education:
Savings in Tuition Fees
Students holding a Green Card may qualify for domestic tuition rates (subject to conditions) at American universities, which are notably lower than the fees charged to international students. This could lead to substantial savings in education expenses.
Increased chances of acceptance at top Universities
Green Card holders are considered domestic applicants in the competitive world of university admissions. This distinction is particularly advantageous as many universities have limits on the number of international students they can accept. Being viewed on par with students from the United States increases the likelihood of gaining admission to prestigious universities.
Better internship and campus placement opportunities
Having a Green Card grants you access to prestigious internships and college positions that are often restricted to citizens or permanent residents. This access is crucial for building a professional network and gaining practical work experience while still in school.
2. Enhanced Career opportunities after graduation:
Increased Employment prospects
Having a Green Card places you on equal footing with American residents and citizens, eliminating the need for employer sponsorship to enter the job market. This removes uncertainties about finding a sponsor to maintain your stay in the US and opens up a wide range of job opportunities.
Career Mobility
The EB-5 Visa also grants you the freedom to pursue job opportunities within your organization or move to any new employer, a privilege restricted for H1B visa holders. This freedom to seek career advancement opportunities not only leads to financial gains but also enhances personal fulfillment.
Entrepreneurial Freedom
The EB-5 Visa also enables you to start your own business ventures or engage in various professional practices without the limitations imposed on non-Green Card holders, allowing you to turn your entrepreneurial dreams into reality.
3. Security and Stability:
Stable Future in the US
Moving from an F1 or H1 Visa to permanent residency and citizenship provides a strong sense of stability and belonging, emphasizing a commitment to a long-term future in the United States.
Removing Visa Anxieties
Permanent residency removes worries and uncertainties surrounding work or student permits, enabling more concentrated personal and professional development.
Clarity in Career and Family Planning:
A Green Card provides security, making it easier to plan and achieve long-term professional objectives and family goals without worrying about visa status.
4. Greater Travel Flexibility:
Travel freely into and out of the US
Having a Green Card allows for unrestricted travel in and out of the United States, eliminating the need for visa stamping. This is particularly beneficial for individuals with international connections.
Access to U.S. Passport and Citizenship
The Green Card serves as your pathway to US Citizenship, granting you a powerful passport that enables visa-free travel to over 170 countries. This enhances your freedom to explore and travel the world.
5. Additional Green Card Advantages:
Receiving U.S. Social Security Benefits
Eligibility for social security, healthcare, and other government benefits provides a safety net for the future and enhances overall quality of life.
Administrative Procedures Simplified
A Green Card entails fewer paperwork requirements and less compliance work compared to other visas, streamlining bureaucratic procedures, reducing stress, and saving time.
In summary, the EB-5 Visa and Green Card offer a wide range of advantages that extend beyond academics, addressing various aspects of an international student’s life in the United States. These benefits include career opportunities, education, long-term stability, family planning, and travel convenience.
Also Read: BEST SCHOLARSHIP PROGRAMS FOR INDIAN STUDENTS PLANNING TO STUDY ABROAD