What are the advantages and disadvantages of getting an American green card?

Benefits of getting an American green card:

1, freedom of employment

Green card holders have no restrictions on working in the United States. In order to protect the interests of its own people, many jobs in the United States are not open to foreigners even if foreigners have the corresponding knowledge and expertise. This situation makes international students in an extremely unequal competitive situation with American students when they look for jobs after graduating from college. And green card holders don't have to worry. They can turn from inferiority to superiority.

2. Admission rate of prestigious schools

In the United States, public primary and secondary schools are not open to international students, and international students can only choose expensive private primary and secondary schools. After having a green card in the United States, in addition to attending public primary and secondary schools, the chances of entering a top university at the university application stage will be greater.

For example, in the top 20 universities in the United States, about 90% of the places will be reserved for domestic students, and only 10% of the places are for international students (including China students), which shows the intensity. Not only that, a considerable number of popular majors are very demanding when accepting international students, and even refuse to accept them. With the American green card, children can enjoy the same admission treatment as American children.

Disadvantages of getting an American green card:

Global taxation

With an American green card, taxes can't escape. You will start the "global taxation" mode, and all the money earned on the earth will be taxed! Another big bleeding is the capital gains tax. In the United States, your existing assets are also taxed. For example, if you have 100w, whether you invest in real estate, stock market, wealth management or bond market, as long as the gains from capital appreciation are taxable. If you buy 100w shares and sell 105w after one month, the income of 5w will be taxed by nearly 45%.