Let's Give Visas to Startup Founders (USA should welcome funded startup entrepreneurs)

Business Week ^ | 12/2/2009 | Vivek Wadhwa

[Marine Inspector]

The program already exists and has for years!

[Marine Inspector]

The program already exists and has for years!

[KarlInOhio]

If an H1B loses their job and wants to start another company, without going on the dole, then I would be open to letting them stay.

Tying the H1B visa to the person rather than the company was one of my suggestions for fixing the problem. If the H1B holder can work for any company (or even himself) rather than being a near indentured servant to the company which applied for their visa, then his wage would be at or very near the prevailing wage. It would no longer be a source of underpaid labor competing against citizens.

[skeeter]

Good to hear from you. You should post more often.

[Oshkalaboomboom]

When Hong Kong was getting turned over to the ChiComs a bunch of people tried to leave for America and were turned down. Canada gave every Chinaman with a minimum of $100,000 to invest a visa and they went there instead. It turned Toronto into a boomtown. I believe they had the story of this on 60 Minutes.

[kabar]

We have investor visas to cover this E-1, and E-2 visas.

E-2 Treaty Investor General Information: Individuals who wish to invest in the United States may be able to obtain an E-2 Treaty Investor Visa. The E-2 Visa applicant must be a national of a country with which the United States maintains a treaty of commerce. The purpose of the individual's entry must be to carry out substantial trade, including trade in services or technology, principally between the United States and the treaty country; or, to develop and direct the operations of an enterprise in which the individual has invested; or is in the process of investing a substantial amount of capital.

E-2 Treaty Investor Visa Eligibility Requirements: The applicant is required to come to the United States to develop and manage the operations of an enterprise in which the applicant has invested or is actively in the process of investing a substantial amount of capital. In addition to the investment in a business enterprise, the investor must be coming to the United States to develop and direct the operations of the enterprise in which he or she has made the investment. The applicant must have more than fifty (50%) percent ownership of the investment, unless the applicant is coming as an employee of the enterprise.

Green Card through Investment

Green Cards through Investment (also called the Fifth Preference Green Card or EB-5) are available to anyone who invests a certain amount of money in the United States by creating a business or expanding one that already exists. The investor must be active in the management of the company. A number of investors may join together in creating or expanding a U.S. business so that each applicant may qualify for an Investor Green Card through one single company. However, the individual investment of each applicant must still meet the minimum qualifying amount, and each investor must be separately responsible for the creation of new jobs.

[Vendome]

I actually think that is more humane.

[Pelham]

Let’s don’t. California is proof that too much immigration isn’t good for the country.

It’s way past time for an immigration moratorium.

[votemout]

I belive there is already such an allowance for foreign nationals who start a business here and hire at least 10 Americans.

[votemout]

The Chinese put $5 billion into Cal in the early 90s, saving us from a depression after the decline of defense contracts in CAL

[Marine Inspector]

Good to hear from you.

Thanks!

You should post more often.

Too many RINO's here!