New U.S. Startup-Visas For Innovative People

The constant battle for more progressive visa measures in the U.S. has cost American companies great foreign talent. The National Security Commission said that the absence of a startup-visa places the United States in great disadvantage compared to other nations. An analysis by the National Foundation for American Policy proved that more than half of the startups in the U.S. had at least one immigrant founder.

Hence, The House Rules Committee has proposed game-changing measures for immigrant entrepreneurs — a temporary visa for foreign-born entrepreneurs. The startup-visa will "allow the founder to apply for and receive lawful permanent residence if the startup entity meets certain additional benchmarks."

Read the full article in Forbes here.