New Bill Welcomes High-Tech Entrepreneurs to the U.S.Fri, 05/25/2012 - 12:26 — admin
May 23, 2012
After the JOBS Act legalized crowdfunding-based investments in new businesses, the startup community set its sights on a new legislative goal: granting visas to foreigners who are pursuing a high-tech degree or building a business in the United States.
The Startup Act 2.0, introduced to the Senate this week, would create two new types of visas: a “STEM visa” for foreign-born students earning advanced degrees in science, technology, engineering and math in the U.S. and an “Entrepreneur’s visa” for foreigners starting businesses in the country.
Both visas would give foreigners a new path to American citizenship so long as they continue working in STEM or expanding their business for three to five years.