Thursday, June 27, 2013

US eases visa restrictions for tech startups

Great news for those who want to head for the US to build their tech company. Still has to signed into law for course. But I think it means Europe has to work even harder to show that it is in fact the better choice, especially for some high-tech technologies. 

This from Pando daily.

In an historic vote, the US Senate has approved a comprehensive immigration bill that, if signed into law, will provide a path to citizenship for illegal immigrants and enact a number of tech-friendly measures, including an increase in the quota for high-skilled immigrants, the creation of a “startup visa” for foreign entrepreneurs who want to start companies in the US, and allowing more avenues for candidates who are highly qualified in science, engineering, technology, or math to stay in the country.
The bill passed the “Border Security, Economic Opportunity, and Immigration Modernization Act” by 68 votes to 32, giving the legislation crucial momentum as it heads to the House of Representatives for consideration. There it will meet a Republican opposition that, thanks to recent redistricting, feels less threatened by the results of the last Presidential election, when Mitt Romney was thumped by President Obama among Hispanic voters and other minority groups.
In the meantime, however, major figures from the tech industry are in celebration mode. 
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