Expanding on the benefits of an EB-5 green card, families can save a significant amount of money on their children’s education by gaining access to public K-12 schools and in-state tuition for universities. Let’s consider a hypothetical example to illustrate the potential savings.

Imagine a family with an EB-5 green card living in California, with their child starting their studies at a public high school in grade 10. In this case, the family would not have to pay any tuition fees for their child’s education from grade 10 to grade 12, as public K-12 education is free for all residents in the United States.

Upon graduating from high school, let’s assume the student decides to attend the University of California, Los Angeles (UCLA) as an in-state student. According to the UCLA Financial Aid and Scholarships Office, the estimated undergraduate tuition and fees for California residents for the 2021-2022 academic year was $13,258, while the estimated cost for non-residents was $43,916.

For simplicity, let’s assume the tuition and fees remain constant throughout the four years of undergraduate study. As an in-state student, the EB-5 green card holder would pay a total of $53,032 for their four-year undergraduate education at UCLA. In contrast, an international student or out-of-state student would pay a total of $175,664 for the same education.

Considering these figures, the EB-5 green card holder’s family would save a total of $122,632 on tuition and fees alone for their child’s undergraduate education at UCLA. This substantial saving does not even take into account the free public high school education the student received from grade 10 to grade 12.

In conclusion, obtaining an EB-5 green card can result in significant financial savings for families seeking to provide their children with a top-quality education in the United States, allowing them to invest these savings in other areas of their child’s development or future endeavors.