Trump's latest move to anger the tech community: eliminate the 'startup visa'
On July 17, 2017, entrepreneurs and venture capitalists were planning to celebrate.
While the Barack Obama administration was unable to get much immigration reform through Congress, the Department of Homeland Security had approved a program right before the 44th President left the office. The International Entrepreneur Rule, referred to many in Silicon Valley as the "startup visa," would have provided a way for foreign entrepreneurs to come to the United States and build their businesses.
It seemed on some level like a no brainer. Offering visas to the best and brightest people with the drive to start businesses would mean jobs and continued innovation. And with growing competition from startups in other part of the world, the program would help the U.S. maintain its leadership role in the fields of technology and innovation. Read more...
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