Home > born global, Globalization General > Something we can learn from the US

Something we can learn from the US

Here’s an innovative piece of proposed legislation from Senators John Kerry and Richard Lugar.  Called EB-6, basically it says that if you are an immigrant in the US and you can convince an investor to give your new venture at least $250k in funding then you can stay in the US for 2 years.  If within two years, you create at least 5 jobs or raise a further $1m or generate revenues of $1m, you are granted citizenship.

In my view, this is inspired.  Get the smartest people into your country to generate jobs and wealth.  Other countries should look and learn and preferably copy!

Take a look at “The Startup Visa Act of 2010.”

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