Thousands of international students head to the United States of America to pursue their graduation, acquire a job in the US, work for a few years and eventually secure a Green Card and later become an American citizen. This is often the dream many grow up with. However, the reality of the situation is different; not everyone who moves to the US for studies can become a citizen or acquire a Green Card. These international students resort to visa options like F-1, H-1B or L-1, which have many limitation and requirements that need to be fulfilled to study or work in the US. This limits the opportunities of an international student to great extent. And in the long run, the process to even file for Green Card along this path is prolonged, further increasing your timeline even more to acquire the Green Card.
The EB-5 Visa program is fast becoming the preferred choice for many affluent international students who are looking to secure US Green Card. It is not surprising, considering the benefits the program offers to the investors even while their visa is in processes. LCR Capital Partners, through its years of experience, has seen that EB-5 Visas are in fact a better route to pursue than the traditional F-1 Visa to secure a Green Card.
To start with, students can avail reduced cost benefits: By applying as a “resident”, students enjoy a much lower tuition fee and have the opportunity to apply for scholarships that are reserved only for citizens or permanent residents. Furthermore, most universities have a far more rigid entrance barrier for international students. With the EB-5 Visa program, the acceptance probability of the student increases as they apply to universities as permanent residents and not international students (thus escaping the limited applicants range that a university accepts from international students). This is primarily because you enjoy most of the benefits US citizens do at this point in the application. In fact, if you choose to work during your studies, you may do so without any restrictions.
Once your education is completed, the benefits of the EB-5 visa continue. When international students look for a job, the employer is expected to sponsor their employment visa (H1-B Visa). With an EB-5 Visa, no sponsorship is required for the student. This automatically gives you an advantage in landing a job over those students who require sponsorship.
While this option has been available to students since 1990, in recent years this has become far more popular. Even though the investment has been $5,00,000 for so long, there has been speculation that this minimum investment may increase to $8,00,000 or higher after the September 30, 2017, deadline. Many students and their parents want to capitalize on the lower cost while they still can, leading to an increased interest in the EB-5 Visa Program.
Companies, such as LCR Capital Partners, work with international students and their parents to identify the right investment opportunities to process their EB-5 application.