Yes. Depends on which universities.
The umbrella term Overseas Universities is very broad but I can
tell you that even a third tier, backyard overseas university
like University of South Australia, Woolonggong or some other
university no one has heard of has higher value than a local
degree.
If you make it to respected universities with Nobel laureates
which many poly grads do, like University of Melbourne, UNSW,
Adelaide, ANU in Aussie, Birmingham, UCL, LSE, IC, Warwick, in UK
and the list is endless really..there are too many respectable and
reputable US universities to be named, it is a surefire entry to
many jobs that tell local grads to "get the fuck out".
I also personally know a few employers, including my brother who
said that they throw away the CVs of local grads when they
shortlist applicants for interviews.
Talk so much ... What's ur qualifications?