Thursday, August 11, 2011

United States encourages entrepreneur immigration

The US government has outlined a series of "policy, operational, and outreach efforts" which it hopes will drive economic growth and stimulate investment by encouraging foreign entrepreneurs to immigrate to the United States.

The new initiatives were announced by United States Citizenship and Immigration Services (USCIS) director Alejandro Mayorkas and Secretary of Homeland Security Janet Napolitano.

"The United States has a long, rich history of welcoming innovative entrepreneurs and skilled workers into our country," Mayorkas said on his blog.

"These men and women fuel our nation's economy by creating jobs, and promoting new technologies and ideas," he added.

"Today, I joined Secretary of Homeland Security Janet Napolitano and outlined a series of new policy, operational, and outreach efforts that will help fuel the nation's economy and stimulate investment by making it easier for high-skill immigrants to start and grow companies and create jobs here in the United States."

USCIS announced that it will:
  • Clarify that immigrant entrepreneurs may obtain an employment-based EB-2 immigrant visa if they satisfy existing requirements, and that they may also qualify for a National Interested Waiver (no job offer required) under the EB-2 immigrant visa category if they can demonstrate that their business will be of interest to the United States.
  • Expand the Premium Processing Service to immigrant petitions for multinational executives and managers
  • Clarify that a sole owner of a business who wishes to employ himself/herself in some circumstances can establish a valid employer-employee relationship to qualify for an H-1B non-immigrant visa
  • Implement enhancements to streamline the EB-5 immigrant investor process
  • Launch new "engagement opportunities" to seek input and feedback from entrepreneurs and companies. USCIS will take this into account when developing new policies and procedures. It is hoped that this will result in changes that will help entrepreneurs, new businesses, and startup companies
"The United States must continue to attract the best and brightest from around the world to invest their talents, skills, and ideas to grow our economy and create American jobs," said Napolitano in a statement.

"Today's announcements will help our nation fully realize the potential of existing immigration laws," she added.

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