Being granted permanent residency in the US offers people emigrating from other countries many benefits. Not only can you enter and leave the US at will without having to worry about being detained by immigration officials at entry points, but you also never again have to fill out the I-94 form to apply for an extension of your authorized stay.
Green card status is valid for your entire lifetime, although actual permanent resident card itself has to be renewed every 10 years.
Other Benefits of Having a Green Card
But freedom to travel in and out of the US without restrictions is only one benefit of getting your permanent resident card through the EB-5 visa program. Here are a list of others:
- You have the right to apply for government-sponsored financial aid if you want to further your education. Also, tuition rates may be lower when you qualify for “in-state” or “resident “tuition”. In some instances, these tuition rates are three to four times lower what foreigners pay.
- You are authorized to work in any company located in the US or its territories regardless of job function or hours per week, excluding some companies that can only hire US citizens. You also have no need for employer sponsorship.
- You may qualify for a security clearance that is required for some government jobs or companies that have federal contracts.
- You can start your own business and create your own corporation.
- You are eligible for Social Security benefits when you retire, as long as you have worked for 10 years (or more precisely, 40 quarters) in the US before retiring.
- You can sponsor your spouse and unmarried children under 21 to obtain permanent status. Your family members can then retain their status even if you die or lose your job.
- You can enjoy immunity against future changes in immigration rules that could put your temporary permit at risk.
These and many other benefits make getting your permanent resident card through the EB-5 visa program like getting a golden ticket for many people seeking to live permanently in the US.