in asking the would-be immigrant to put up talent rather than money as the sign he will run a successful business. That's in line with your usual take on how easy it is to start up new businesses in today's economy.
It's an intriguing idea to broaden the talent pool available for seed-stage investors to invest in. The political objections will revolve around
a) What happens to the people who start up but flame out, failing in their businesses? It's expensive to deport people who have already arrived, and they sometimes disappear from the view of law enforcement.
b) Why shouldn't the United States start-up investment market be preferentially granted to persons who have legal right to work in the United States? (My bias is toward free movement of people across borders, but the only reason immigration law exists at all is that not everyone shares my bias, not in any country.)
P.S. I am a lawyer, and used to practice immigration law, although the bulk of the cases I worked on involved different visa categories.
http://www.uscis.gov/portal/site/uscis/menuitem.5af9bb95919f...
in asking the would-be immigrant to put up talent rather than money as the sign he will run a successful business. That's in line with your usual take on how easy it is to start up new businesses in today's economy.
It's an intriguing idea to broaden the talent pool available for seed-stage investors to invest in. The political objections will revolve around
a) What happens to the people who start up but flame out, failing in their businesses? It's expensive to deport people who have already arrived, and they sometimes disappear from the view of law enforcement.
b) Why shouldn't the United States start-up investment market be preferentially granted to persons who have legal right to work in the United States? (My bias is toward free movement of people across borders, but the only reason immigration law exists at all is that not everyone shares my bias, not in any country.)
P.S. I am a lawyer, and used to practice immigration law, although the bulk of the cases I worked on involved different visa categories.