Since the creation of the EB-5 investor visa program in the early 1990s the age range of persons applying for and successfully receiving an EB-5 visa has increased greatly. Within the last ten years, a growing number of successful EB-5 applicants have been between the ages of 25-40, however, approved applicants range anywhere in age from 18 to 65 and over. There are no age restrictions for applicants when applying for the EB-5.
A growing number of single men and women, couples, and families that are interested in immigrating to the United States permanently have found the EB-5 investor visa to be the shortest pathway to permanent residency in comparison to other immigrant visas. For many families with school-aged children or children approaching the tertiary level, applying for the EB-5 visa is a key step towards ensuring that their dependents have the ability to study uninhibited within the United States. Once the EB-5 visa is approved and the visa holder and their dependents receive their conditional green cards they are free to live and study anywhere in the United States without restriction.
The EB-5 visa opens many academic and educational doors. Permanent residents of all ages, even those with conditional status, are eligible for a number of scholarships or tuition reductions that are not available to international students and non-permanent residents or citizens. Access to some of the top-rated educational institutes in the world, along with the many opportunities for reduced tuition, scholarships, and school grants are just a few benefits that stem from the EB-5 visa. The initial investment is often seen as inconsequential when weighed against the quality of life, education, and opportunity available to visa holders and their dependents once they have immigrated to the United States.
The EB-5 visa gives minor and school-aged dependents access to advanced placement boarding schools or private academic institutions, such as the Phillips Exeter Academy in New Hampshire – which has become one of the main feeder schools for Harvard University and caters to both male and female students in the ninth (9th) to the twelfth (12th) grades. In addition, many middle schools and high schools offer specialized programs for arts, music, and STEM, such as the Idyllwild Arts Academy in Idyllwild, California or the DeBakey High School for Health Professions in Houston, Texas. These special programs provide pre-university students with the opportunity to explore their career options before attending university, giving them the opportunity for greater academic success in the tertiary educational pursuits, and often increase the chances of a student’s acceptance at their university of choice.
Older persons, whether retirees or approaching retirement age, have begun using the EB-5 visa as a means by which to immigrate to the United States to settle down after retirement. In addition to having some of the leading retirement communities and assisted living programs in the world, the United States has a health care system tailored to cater to the needs of seniors and the elderly, with many eligible residents receiving monthly assistance from the government and subsidized health care. For those who prefer to join their peers in a community environment, assisted living facilities are spread all throughout the United States, and provide a great deal of options for potential residents. Retirement communities in the United States often offer swimming pools, athletic departments, movie theaters, golf courses, and other impressive amenities for residents – along with on-site health facilities and medical care.
For persons of working age and those who have not reached retirement, the EB-5 visa offers greater freedom of choice in employment locations and types of employment than other visa types. The EB-5 investor visa application has replaced the H-1B visa in the minds of many American international students as it becomes harder and harder for companies to be granted work visas for foreign nationals. An increasing number of international students, both undergraduate and post-grad, have begun looking into the EB-5 to ensure job security after they graduate from university and begin seeking employment. Student visas require that international students leave the United States after graduation unless they acquire a work visa, giving them up to 60 days to find employment and begin the work visa process. This is in stark contrast to the EB-5 visa, which carries no restrictions on the length of stay in the United States or when or where potential jobs can be found. For many foreign young adults and working professionals, the United States offers a breadth of opportunity that their home country cannot provide them, making the decision to immigrate a necessary choice for career advancement.
The EB-5 visa gives visa holders and their families the ability to move freely within the United States and opens a pathway to education, employment, and retirement that would otherwise be difficult to obtain. The EB-5 investor visa provides a wealth of benefits to both the applicant and their dependents and is perfectly suited for foreign nationals of all ages.