Firms call for new US visas for foreign entrepreneurs

January 04 2010 by Liam Clifford

Established technology firms call for the US government to release more US visas.

Established firms based in California’s Silicon Valley, many of which were started by immigrants living in the US, are calling on the US immigration authorities to release new US visas for entrepreneurs from abroad.

The Silicon Valley region has a reputation as a centre for hi-tech industry. Now, companies based there want the US to launch a new Founders Visa, which will award foreign entrepreneurs US visas in exchange for them launching companies in the US.

Without foreign talent the region would not be what it is today, they argue. The business men and women are now fronting an internet campaign to put pressure on the government to ensure the region’s reputation can live on with the help of firms started by talented foreigners living and indeed working in the US.

The campaign’s major focus points include the fact that many young people from abroad who are studying in the US are currently made to return home after their studies, instead of being encouraged to contribute further to the US economy. The campaigners also argue against the issuing of employment-based work visas that force people to work for large corporations only.

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