Startup Visa Proposals and Job Creation
Under U.S. immigration law, there is no reliable mechanism for a foreign national to become a lawful permanent resident (green card holder) by starting a U.S. company that creates jobs. Temporary visas, including H-1B visas, are ill-suited for entrepreneurs and can be disallowed for use by a foreign national who controls a company. Startups have been shown to be responsible for much of the net increase in employment in some recent years. That means it is in the interest of policymakers to encourage both native-born and foreign-born individuals to start new businesses in the United States, which establishing a startup visa would help accomplish.
National Foundation for American Policy. (2016). Startup Visa Proposals and Job Creation. Retrieved from http://nfap.com/wp-content/uploads/2016/03/NFAP-Policy-Brief.Analysis-of-Startup-Visa-Proposals1.pdf