For the past few years, a number of prominent U.S. venture capitalists have been trying to convince Congress to modify the U.S. UB-5 visa program. Currently, the program allows foreigners who invest $1 million in a U.S. business and create 10 or more jobs to get a visa; the investors want Washington to include those entrepreneurs who attract funds from venture capitalists or business angels. While the bill’s advocates have gotten it introduced into the House and Senate, the effort has stalled.
To read the original article: How to Get a Startup Visa Act Passed | Small Business Trends
