United States is the place which first comes to mind when thinking about quality education. With its successful and prestigious state universities and world class Ivy League (including Harvard, Yale, Columbia, Cornell, Princeton…) universities, education in US is every students’ and also their parents’ dream.
There are multiple visa options for students who want to study in US. All of these are temporary and non-immigrant visa types so this means that you will have to renew your visa after certain amount of time. These visas have restrictions which can be frustrating for the ones who wants to take advantage of many other opportunities of US. Besides who wants to deal with all the paperwork and bureaucracy of obtaining a visa over and over again.
One of the most appealing advantages of EB-5 is that foreigners become permanent US residents which leads to a considerable amount of saving on tuition fees at well-known US public universities. It is a family visa without additional costs for eligible qualified children. This visa gives the opportunity of living and working in US without restrictions of the non-immigrant visas. While non-residents pay higher amount of tuition fees, residents pay less. As you will gain the status of “resident” with EB-5 visa, you will also pay less.
Let’s make a simple calculation:
For example, the University of California at Berkeley: Resident undergraduates pay $11, 220 in system wide tuition and fees per year. However, non-resident undergraduates pay $37, 902. Savings of over $105,000 in four years.
Some other benefits of EB-5 can be counted as follows: