(RTTNews) - Senators John Kerry, D-Mass., and Richard Lugar, R-Ind., unveiled legislation Wednesday intended to drive job creation and increase America's global competitiveness by helping immigrant entrepreneurs secure visas to the U.S.
Under the StartUp Visa Act of 2010, an immigrant entrepreneur will be allowed to receive a two-year visa if he or she can show that a qualified U.S. investor is willing to dedicate a significant sum - a minimum of $250,000 - to the immigrant's startup venture.
The bill would also amend immigration law to create a new EB-6 category for immigrant entrepreneurs, drawing from existing visas under the EB-5 category, which permits foreign nationals who invest at least $1 million into the U.S., and thereby create ten jobs, to obtain a green card.
To read the full, original article click on this link: Kerry And Lugar Unveil Legislation To Help Immigrant Entrepreneurs Secure Visas
Author: RTT Staff Writer
