In our last blog, we talked briefly about how second residency by investment opens the door to a better future for your children. Global citizenship gives you all the freedom to settle in a developed country, brings you peace of mind, and provides excellent business opportunities. What if global citizenship isn’t limited to you, but offers benefits for second residency for children?
Yes, you read that right. Second residency programs allow you to secure a better future for children. Every program includes the immediate family members of the applicant, which includes your children (up to a certain age limit, depending on the program conditions).
Why is this important? Because most Indian HNIs send their kids to the US, UK, Canada, and other countries for education. While it is undoubtedly a benefit, choosing the path of second residency for the next generation multiplies the perks that come with foreign education. How so? Let’s look at this in detail.
Second residency for children: Educational & career benefits:
If we talk about EB-5 investor visa, which enables attaining the green card in the USA, it provides several advantages to your child. It is a reasonable concern to identify what global citizenship will bring for your children. In the case of the US, when your children become residents, they get –
- Exemption from filing the I-94 form and no worries about the expiration of the authorized stay.
- The right to apply for government-sponsored financial aid for education.
- 3 to 4 times lower tuition fees as compared to other students.
- Apply for any college or university in the college and get preference.
Once education is complete, your children will enjoy the professional benefits of second residency by investment. We advise second residency because, in case of educational investment, they are limited to migrant student rights. But a second residency for the next generation opens a broader horizon for their career. Considering the example of EB 5 investor visa in the US, your green card holder child also gets –
- Permission to work at any U.S. company at any job role without employer sponsorship.
- More job opportunities with security clearances provided by the green card.
- Your children can also start their own business or corporation & continue indefinitely.
- Social security benefits when they retire from their job.
One of the biggest advantages is that when your children get married, their spouse/husband will need a work permit to stay in the country. With a green card, they do not need to get the permit and can stay in the country without any hassle.
With global citizenship, your children will enjoy every right given to a US citizen except the right to vote. What’s more is that with a second residency by investment, they can also become citizens of the country later and contribute to its political development.
Make the right choice by getting second residency for next generation:
It is quite understandable that as an HNI, you had to go through a lot of struggle with India’s economic situation. A second residency for children is their passport to save them from this struggle. Their secure future starts with quality education and career opportunities that come with global citizenship.
When you want to secure your child’s future, only the right assistance can help you. We at My Global Citizenship™, India’s trusted investment immigration consultants, provide complete assistance from start to finish for investing smartly in your child’s future through second residency programs for next generation. Drop us an email for a FREE CONSULTATION.