Advocates Urge Easier Visa Policies To Boost Startups
by WENDY KAUFMAN
August 23, 2011
As the economy continues to sputter, many policymakers are looking to entrepreneurs to create new jobs. And many foreign-born, highly skilled entrepreneurs want to come to the United States and stay here, but immigration laws and policies haven't made that easy.
In an effort to change that, the White House recently announced more flexible policies for granting visas. But many innovation experts say the changes aren't enough.
Andrew Nicol is a young entrepreneur who was born in Australia and attended law school in the U.S. After graduation, he got an employer-sponsored visa that allowed him to work in New York. But when Nicol wanted to leave his day job and start a company, he was stymied. Leaving his job meant losing his visa.
So Nicol decided to go to Chile.
"I'm basically leaving New York to come to Santiago to start a business that targets New York consumers — just because it's so much easier to do it from here, and there is so much more support from the government here," he says.
'Taking Advantage Of America's Stupidity'
My advice to our elected officials would be: The country is in trouble. Let's not worry about the politics of the larger immigration debate, and let's at least bite off what we can chew now and get those jobs here.
- Robert Litan, vice president of research and policy at the Kauffman Center for Entrepreneurship
Nicol is participating in a program called Start-Up Chile, a government-sponsored effort that offers entrepreneurs visas and $40,000 to help start their businesses.
"Chile has been taking advantage of American stupidity," says Vivek Wadhwa, a visiting scholar at the University of California, Berkeley, where he studies the economic impact of immigrant entrepreneurs.
"The entire immigration system is a big mess," he says. "There are thousands of entrepreneurs who want to start companies in America but can't get visas."
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