President Trump has been forced to make a U-Turn on his attempts to revoke the immigration status of international students taking online courses in the fall. Most university courses across the United States have gone online in response to the Coronavirus pandemic, and many are expected to stay that way for the fall semester.
Students and their parents from around the world had been left to reconsider their education plans as a result of the president’s initial announcement.
However, a federal legal challenge by Harvard and the Massachusetts Institute of Technology (MIT) caused the Trump administration to rescind the policy.
Almost 400,000 F-1 student visas were issued last year. International students bring billions of dollars to the US economy in tuition fees and spending.
Many of our clients use the F-1 visa to send their children to school in the United States before transitioning to other visa categories after graduation. Some of those visas, particularly the H-1B, is currently under suspension because of President Trump’s executive order of June 2020.
However, other visa categories are not suspended. The EB-5 Immigrant Investor Visa Program is a relatively fast route to a US Green Card requiring a $900,000 investment. The E-2 Treaty Investor Visa requires a plan to invest in and run a US-based business. As we mentioned in a previous blog posts, it is possible for parents and children to co-own the company to prevent the child from ageing out. Citizens of certain countries have to first obtain additional citizenship, often of Grenada or Turkey. This is usually a relatively straightforward process, contact us to discuss.
Both the E-2 Visa and the EB-5 Visa are exempt from the so-called “immigration ban”. A high proportion of our EB-5 clients are motivated to apply because of their children’s studies and work prospects after graduation.
Written by Duncan Hill. This blog is for informational purposes only, nothing in this blog constitutes legal advice. Contact us for a free consultation to discuss your circumstances.