Foreign national students are increasingly forsaking student visas in favor of using EB5 to attend top U.S. colleges.
Here are the 4 advantages of the EB5 visa for foreign students looking to attend top U.S. colleges:
1. Investing in the EB5 visa could potentially reduce costs.
The EB5 visa could save money by making students eligible for in-state college tuition. This reduction in college tuition could help offset the costs of the EB5 visa and practically make it pay for itself. Additionally, if a parent applies for the EB5 Program, each of their qualifying children would also receive Green Cards, again reducing costs and allowing all of them to become eligible for the reduced in-state tuition fees.
2. After college is over, the EB5 visa allows students to pursue any work opportunities in any industry and any location both during studies and after graduating.
Student visas, on the other hand, such as the M-1 visa have very strict requirements regarding how long you can study in the U.S. before you have to renew the visa, and what types of study programs and schools you can join, what training and work opportunities students and graduates can pursue, and how long they can continue to work in those fields.
The F-1 visa has is less restrictive than the M-1 visa, and generally allows students to pursue four-year degrees, but the college must be approved by the USCIS, and working on this type of visa has many restrictions and requirements. Another popular visa that has strict requirements is the H-1B. H-1B applicants must work in certain industries and be sponsored by their employers.
3 With the EB5 visa, there’s no need for OPT.
Many Indian students opt to work in the U.S. for one year under the OPT program, or 3 years if they are STEM students. After that, they either have to go through the hurdles to qualify for H-1B or they must return to India. If, on the other hand, the student already has an EB5 Green Card, he or she can stay in the U.S. for as long as he wants, and work whenever and wherever he’d like with no restrictions.
4. After you fall in love with the U.S., you won’t want to leave. The EB5 Program uniquely provides investors and their immediate family a pathway to citizenship.
This is automatic. There are no other requirements or hidden challenges to citizenship. Other visa categories either don’t offer this pathway or have additional complex requirements that make them less attractive options.