The spread of Coronavirus has caused entry and exit bans, quarantines, and travel restrictions throughout the world. Despite negative headlines regarding the pandemic, here are four reasons why immigration to the U.S. through the EB-5 Investor Program is still a good idea after the Coronavirus restrictions lift:
- U.S. Colleges and Universities Still Offer World-Class Opportunities.
One of the most compelling reasons a family will choose to invest in the EB-5 Immigrant Investor Program is to gift their children the opportunity to attend the very best educational institutions possible – and few top the Universities in the United States. In 2020, the U.S. continued to dominate the top 3 spots for most prestigious universities in the world (MIT, Stanford, and Harvard). These three U.S. educational institutions alone and many more have remained at the top in the global university rankings for many years. They will likely continue to do so for many more years.
One common route taken to achieve the dream of studying in the USA is to obtain a student visa. While this option is widespread, the EB-5 visa program offers the chance to study and much more. It will allow for opportunities to pursue careers at top U.S. firms after graduation. Other visa categories do not allow students on visas to work while studying or after completing their studies. It is also a direct route to a permanent green card and eventual citizenship, allowing applicants to apply without the worry of being sponsored by an employer or family member. EB-5 Visa holders further gain cheaper access to U.S. higher education, as they have the opportunity to qualify as an in-state resident at public universities. On average, a resident (as compared to a non-resident) can save at least 45% of the cost of attending college, with an average annual savings of $23,045. If a student is in college for four years, that’s a total savings of $92,183.
- Taking Advantage of the EB-5 Program for World Class Education Opportunities
- The Great Strengths of a U.S. Education
- EB-5 Benefits for Students
- Move Closer to Family Living in the U.S. with an EB-5 Green Card.
If you’re looking to be reunited with family living, working, and studying in the U.S., an EB-5 green card could offer the flexibility you’re looking for. While a U.S. green card does require the holder to make the U.S. their permanent residence and live in the U.S. for the majority of the year, they can still spend a significant amount of time traveling with less difficulty.
- Dips in the U.S. Real Estate Market Could Provide Investment Opportunities for EB-5 investors.
After the real estate market comes out of lockdown, the uncertainty surrounding Coronavirus may turn the U.S. seller’s market into a major buyer’s market. Patient buyers and investors may find great deals on homes and properties. Additionally, EB-5 investors may see new shifts in locations that qualify as targeted employment areas (TEAs). Many areas of the U.S. that are experiencing the most impact from Coronavirus are big cities such as New York City and the Northeastern United States. If the unemployment rates disproportionately affect these major cities, many areas that wouldn’t qualify as TEAs under the new EB-5 Modernization Regulation changes, may once again soon qualify, opening up more EB-5 investment opportunities to select.
- The U.S. Dollar is Strengthening.
As worldwide markets continue to react and adjust to changing investment dynamics during the current Coronavirus pandemic, the U.S. dollar has significantly strengthened. The strengthening of the USD despite a globally upsetting crisis further reinforces the case for foreign investors to invest in the United States using the EB-5 program as a means of asset protection.
The South African Rand, for example, has significantly deteriorated since the Coronavirus pandemic. This current reality is found in most countries which [compared] to the U.S. dollar. Investing in a strong currency may be a way to protect your hard-earned capital, all while granting invaluable opportunities for the future.
- The U.S. Dollar Strengthens During The COVID-19 Outbreak
- Coronavirus and Recession – The Impact on the South African Rand
- Reserve Bank: South Africa Faces Negative Economic Outlook 2020
- Rating Agencies Downgrade South Africa’s Largest Banks After Country Rating Cut to Junk
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