61–70 of 144 posts
I wish having an advanced degree was a criteria here. A few years ago, I noticed that Britain would give a blanket visa to anyone with an MBA from a list of top international schools. How about something like that for people with Masters/PhDs (in STEM) from top-50 schools in the world. That said, the proposed rule might mean if one gets into YC/techstars, etc. they would be able to get a visa for the US easily. The l…
Why?
What will happen after the 5 years stay ? Should the entrepreneur pack up and leave ? Why should an entrepreneur startup something when he/she is not sure about their residency in US. This rule says 'parole' & self petition, the residency path is not clear. And when it comes to residency, US immigration for skilled immigrants is so broken that you will regret applying for one.
If you're on the success path then getting an O1 should be very straight forward, and then a EB1 greencard should also be easy.
If you're a failure, well - this isn't supposed to be a path to citizenship for people with failed businesses.
I wish having an advanced degree was a criteria here. A few years ago, I noticed that Britain would give a blanket visa to anyone with an MBA from a list of top international schools. How about something like that for people with Masters/PhDs (in STEM) from top-50 schools in the world. That said, the proposed rule might mean if one gets into YC/techstars, etc. they would be able to get a visa for the US easily. The l…
> I wish having an advanced degree was a criteria here. A few years ago, I noticed that Britain would give a blanket visa to anyone with an MBA from a list of top international schools. Care to explain the reasoning? It seems shortsighted to limit this proposal to people with advanced degrees, and why only from the top 50 schools in the world? How does this make sense in the context of startups? > That said, the prop…
With convertible notes that are sometimes given to member companies of distinguished seed funds, I think getting to 345K isn't a stretch.
I wish having an advanced degree was a criteria here. A few years ago, I noticed that Britain would give a blanket visa to anyone with an MBA from a list of top international schools. How about something like that for people with Masters/PhDs (in STEM) from top-50 schools in the world. That said, the proposed rule might mean if one gets into YC/techstars, etc. they would be able to get a visa for the US easily. The l…
It looks like this rule would provide the entrepreneur a 5 year stay (2+3 additional if the start-up is doing well), but I don't see any mention of granting a green card, so what would happen to that entrepreneur on year 6? EDIT: from the medium link posted in another comment by yurisagalov: > DHS will also publish guidance to clarify when entrepreneurs may self-petition for lawful permanent residence (also known as…
It appears, it has the same issue as H-1B visas. At least in my opinion. If your business fails and you invested 5 years of your life, you are kicked out of the country and have to move your family and everything back to wherever you came from. This big uncertainty of the future is, in my opinion, a huge negative of both H1B and this parole.
Summary: - New startup entity ( After 2 years, 3 years extension - Atleast 10% ownership and active role in startup - Atleast $500K additional funding OR $500K revenue with 20% growth OR 10 Full time Jobs 0
Spousal Employment Authorization Document (EAD) is huge. IIRC, H1B spouses (ie, H4Bs) were recently allowed, but only if the H1B holder is applying for legal residency - which can take a while. In this case, you can get an EAD for your spouse as soon as you get your parole.
Earlier quoted context omitted.
Is setting up in she Shenzhen any easier for foreigners? I wouldn't be surprised if it was harder.
I have been using a book called 'the Shenzhen insider's guide' [1] as a reference to help me understand what I need to do to setup something there. There is an entire chapter 'Business in Shenzhen' that lays out the groundwork needed to setup operations in Shenzhen and the different types of entities allowed to do business there. There may be advantages to having a Chinese partner in the setup. I am currently only at…
Only be in China if you REALLY need to be there, otherwise it's a whole lot of pain without corresponding upside.
The number doesn't quite work out: you got two years, and if the business can demonstrate passing certain benchmarks (500k funding or (500k revenue and 20% annual growth) or 10 'murican jobs), you get another 3 years. 5 years is enough if your business fails fast, but otherwise it's unlikely to be sufficient for building one (on average). This is a parole rather than a visa, so it still leaves the question on what's…
I'm about the farthest thing there is from a SJW, but have you considered how people will interpret your use of the slang "`murican"?
To me, it sounds like a reference to a meme which paints persons from the southern part of the U.S. as parochial and unintelligent.
Have I misunderstood the reference?
I wish having an advanced degree was a criteria here. A few years ago, I noticed that Britain would give a blanket visa to anyone with an MBA from a list of top international schools. How about something like that for people with Masters/PhDs (in STEM) from top-50 schools in the world. That said, the proposed rule might mean if one gets into YC/techstars, etc. they would be able to get a visa for the US easily. The l…
I wish having an advanced degree was a criteria here. A few years ago, I noticed that Britain would give a blanket visa to anyone with an MBA from a list of top international schools. How about something like that for people with Masters/PhDs (in STEM) from top-50 schools in the world. That said, the proposed rule might mean if one gets into YC/techstars, etc. they would be able to get a visa for the US easily. The l…
Govt shouldn't be in the business of selecting 'best people', govt bureaucracy is not the right agent for this. Markets should decide who is the 'best' and who is needed . Govt should play the role of glorified recruiting agency.
Getting a degree is not a proof enough for visas/greencards.