Israel to issue ‘start-up visas’ for foreign entrepreneurs

Jerusalem Post ^ | 23 Oct 2015 | NIV ELIS

[amorphous]

Entrepreneurs who obtain the two-year visas will be able to develop new technological enterprises in Israel and their visas will be extended if they decide to establish start-up companies in Israel.

If you’re planning on creating the next Waze, the next Trusteer, or the next XtremIO, the government doesn’t care if you’re Jewish, Israeli or have even visited the Holy Land. It wants you to set up shop right here.

The Economy Ministry on Thursday announced plans to issue “innovation visas” for foreign entrepreneurs to come work in Israel. Entrepreneurs who obtain the two-year visas “will be able to develop new technological enterprises in Israel and their visas will be extended if they decide to establish start-up companies in Israel,” according to the ministry.

[amorphous]

"the government doesn’t care if you’re Jewish, Israeli or have even visited the Holy Land."

How refreshing, a country that doesn't judge your application by the color of you skin, but by the content of your character innovation.

I used to live in a country just like this - a long, long time ago.

[Ciexyz]

Very cool. I wish them the best.

[volunbeer]

This is smart governance. It is highly likely that the creators and innovators of tomorrow will seek out economic freedom and those who offer it will reap the benefits.

[amorphous]

From another article:

By combining all three of these measures, we end up with an overall Global Technology Index, a broad assessment of the technological and innovative capabilities of the world’s leading nations. The United States ranks third. Finland takes the top spot, followed by Japan. Israel’s fourth place finish may come as a surprise to some. But as Dan Senor and Saul Singer argue in Start-up Nation, Israel has relentlessly pursued an economic development strategy based on launching innovative firms. Israel has the highest concentration of engineers in the world—135 per 10,000 people, compared to 85 per 10,000 people in the United States. Sweden, Switzerland, Denmark, Korea, Germany, and Singapore round out the top ten.

http://www.citylab.com/tech/2011/10/worlds-leading-nations-innovation-and-technology/224/

Not too shabby at all. Shows that honest, free, and more importantly FAIR competition works to a nation's best interest, even today.