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Why Silicon Valley Immigrant Entrepreneurs Are Returning Home

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Re: Why Silicon Valley Immigrant Entrepreneurs Are Returning Home

#3
As an American I see this as a problem for America. However, there is a big upside to this. The rest of the world gets some of its talent back, which will help it develop faster. There are over 1 billion people in India, for example. They deserve to be more than a call center or a place to outsource for the US.

Re: Why Silicon Valley Immigrant Entrepreneurs Are Returning Home

#5

I feel bad for criticizing this article because while I agree with the author, I feel that he needs to write something else at the same time. It's the same old thing he's been talking for ages.

He had what could be considered a rough week with one of his other pet ideas... why Silicon Valley reigns supreme: http://www.boston.com/business/technology/innoeco/2011/03/wh...

Re: Why Silicon Valley Immigrant Entrepreneurs Are Returning Home

#6
This is true not just for SV but also the biotech/pharma R&D sector. I personally know people who have already moved out of the US to places like Singapore and India, and are doing way better in terms of peace-of-mind, moving ahead with their lives, having kids, putting down roots etc. On the other hand, I know a few others who are much like nomads within the US, moving from job to job just to keep their H1-B visa status valid. The biggest threat for them has not been joblessness but the threat of deportation if they do not land a new job within the ridiculously low time span exceeding which would put their legal status in jeopardy.

It appears that the US citizens and their government just do not give a damn about any of this. It is only in the last 12-18 months that some murmurs are being heard in the MSM in this regard.

I have to wonder: the US taxpayers financed this advanced education, almost entirely in case of Bio/Pharma PhD programs, and then to throw out (literally) all that investment out the door makes absolutely no sense whatsoever!

My time is coming soon... I am very apprehensive as to what the future and this country has in store for me. :-/ :-)

Re: Why Silicon Valley Immigrant Entrepreneurs Are Returning Home

#7
Yet another Vivek Wadhwa story with his same pet theme. Here is my question: is there any Vivek Wadhwa story on this issue in which he shows detailed figures for NET immigration flows into and out of the United States in comparison to countries like China and India? Or does he consistently do as I have seen him do here and in other stories, relating individual anecdotes and asserting the existence of a problem (too few high-skill immigrants to the United States from India or from China) that may not actually exist? What do other authors have to say about this subject?

And, by the way, what countries offer better opportunities for immigration to found start-up businesses for young people from India and China than the United States offers? What are those countries' rules about immigration? Do young people from African countries also find it easy to emigrate to those other countries? Can anyone from anywhere in the world settle in any European Union country to found a start-up high-tech business? Is it possible for foreigners to settle in China or in India to found start-up businesses? What visa rules apply to cases like that?

Re: Why Silicon Valley Immigrant Entrepreneurs Are Returning Home

#8
post #6

This is true not just for SV but also the biotech/pharma R&D sector. I personally know people who have already moved out of the US to places like Singapore and India, and are doing way better in terms of peace-of-mind, moving ahead with their lives, having kids, putting down roots etc. On the other hand, I know a few others who are much like nomads within the US, moving from job to job just to keep their H1-B visa st…

[deleted]

Re: Why Silicon Valley Immigrant Entrepreneurs Are Returning Home

#9
post #6

This is true not just for SV but also the biotech/pharma R&D sector. I personally know people who have already moved out of the US to places like Singapore and India, and are doing way better in terms of peace-of-mind, moving ahead with their lives, having kids, putting down roots etc. On the other hand, I know a few others who are much like nomads within the US, moving from job to job just to keep their H1-B visa st…

I personally know people who have already moved out of the US to places like Singapore and India

May I ask some follow-up questions to make sure I understand your point of view on this issue? Are you referring to people who are originally from Singapore or India, or to people from third countries who settle in Singapore or India rather than settling in the United States? How does the number of those persons compare to the number of persons who stay in the United States after completing higher education? Aren't there official statistics about this?

It appears from your post that you too come from another country and have studied in the United States. Why did you think originally that it was a good idea to study in the United States rather than in your country of citizenship?

After edit: I have lived abroad myself, for two three-year stays in different decades in a country across an ocean from the United States. So I am always curious, as an American who left his country of birth, why people leave their country of birth and take on the challenge of living with new laws, perhaps a new language, noncitizen status at least at first, and perhaps new climate, food, and social customs too. What countries these days are best succeeding in attracting immigrants from all over the world? What example can those countries provide to countries that are less attractive to immigrants?

Re: Why Silicon Valley Immigrant Entrepreneurs Are Returning Home

#10
post #3

As an American I see this as a problem for America. However, there is a big upside to this. The rest of the world gets some of its talent back, which will help it develop faster. There are over 1 billion people in India, for example. They deserve to be more than a call center or a place to outsource for the US.

Well put. But a lot of H1B workers also contribute to the economy here as said. It is the illegal immigration that makes things worse, not the legal ways of a small percentage of skilled workers.

Also, H1B workers contribute to Social security and medicare , taxes etc. with most of them not expecting or making use of it.

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