Mayor Bloomberg Calls for Immediate Immigration Reform. Mayor Bloomberg today highlighted the essential role of immigrants in America’s economic growth and addressed the urgent need for Washington to put aside partisan politics and immediately pass immigration reforms needed to create jobs and fuel economic growth in a keynote speech to the Council on Foreign Relations “The Future of U.S. Immigration Policy” symposium. View video of Mayor Bloomberg's remarks here.
The Mayor proposed green cards for graduates with advanced degrees in essential fields; a new visa for entrepreneurs with investors ready to invest capital in their job-creating idea; more temporary and permanent visas for highly skilled workers; guest-worker programs to ensure agriculture and other key sectors can thrive; and a revaluation of visa priorities that places a focus on the nation’s economic needs.
The following are Mayor Bloomberg’s remarks as prepared for delivery today at the Council on Foreign Relations in Washington, DC. “Thank you, Julia, and good afternoon.
Policy. Inspiration. Is a US Brain Drain on the Horizon? | YaleGlobal Online Magazine. BERKELEY, CALIFORNIA: At a recent meeting of young technologists in Silicon Valley, I polled a room full of Indian techies about their future plans. It was an ad hoc exercise but when I asked how many of them planned to return home to India to work in the near future, I was amazed that over 50 percent of the people raised their hands.
That dynamic is also playing out on a world stage as the great nations of the world battle for the brains that will spur their economies. During his recent trip to the US Indian Prime Minister Manmohan Singh said he welcomed Indians to return home. India also unveiled a policy that would allow Indians to hold multiple citizenships to allow them to access the incentive benefits of Indian nationals without giving up their US citizenship. China, too, has mounted campaigns and offered incentives to bring back business people, technologists and entrepreneurs who were living overseas. Future departures seem set to increase, as well. Chile Wants Your Poor, Your Huddled Masses, Your Tech Entreprene.
Editor’s note: This is a guest post by Vivek Wadhwa, an entrepreneur turned academic. He is a Visiting Scholar at UC-Berkeley, Senior Research Associate at Harvard Law School and Executive in Residence at Duke University. Follow him on Twitter at @vwadhwa. Are you an immigrant who is fed up with waiting for years for a green card which you may never get? Or a tech entrepreneur looking to dramatically cut costs? I’ve got a suggestion for you. Move South. I just returned from a fascinating trip to Chile. Chile may not become an outsourcing powerhouse. So what do you get for your $500,000? But first, you want to check out the country, right? How about workforce incentives? But wait, there must be a catch.
To top this off, Chile is a thriving democracy with one of the most open economies in South America. Yearning to be free of the costs and constraints of the tech landscape in North America? Why do immigrants save so much more money than you? | I Will Tea. Why has “Raj,” an immigrant who’s lived in the USA for 10 years, saved $150,000 in cash, while few of us born here would ever be able to do the same? I’m fascinated with the differences in how people around the world spend and save money. Having grown up around a lot of immigrants, I can tell you that their spending patterns are wildly different than people who were born and raised in America. I was reminded of this a few days ago, when I got this email from an immigrant — let’s call him “Raj” — who’s been in the USA for 10 years. “I live here in Fremont now and I have about $150K with me in my bank, most of it stored away like that for more than 1 year now because I needed it to buy a house.
Now I have stopped thinking hard about the house, since I still dont know where I will settle down, especially after reading your book to avoid buying a house as an investment. I have started diverting most of the money to LifeCycle funds and I also opened an IRA. This got me thinking. Read More. Open Doors Wider for Skilled Immigrants. Our columnist, lead author of a nationwide study on immigrant entrepreneurs, argues the U.S. must get better at attracting skilled professionals Skilled immigrants provide one of the U.S.'s greatest strengths. They contribute to the economy, create jobs, and lead innovation. A new study I helped lead at Duke University's Pratt School of Engineering, where I am an executive-in-residence, shows they are fueling the creation of hi-tech business across our nation and creating a wealth of intellectual property.
To keep our global competitive edge, we need to attract more of the world's best and brightest. And we need them to come here and put down deep roots. In previous columns I have written about our earlier research on globalization and the engineering profession. Our recent research, however, raised concerns about the growing momentum of outsourcing critical research and the impact of that on U.S. competitiveness. Continuing Trends The mix of immigrant founders varies by state.
The Startup Visa And Why The Xenophobes Need To Go Back Into The. Every time I publish a research paper on immigration or write an article for BusinessWeek or TechCrunch, the xenophobes rush out of their caves to launch mindless attacks. They fill the comment sections with bile, send me nasty emails and sometimes threaten to do me harm. I was convinced that my last BusinessWeek column on the Startup visa presented such a compelling argument that even these poor souls would support it.
After all, this visa is about creating American jobs and moving innovation here which would otherwise happen in other countries. We can boost the economy without any cost to taxpayers. It’s not about admitting H-1B visa holders who sometimes make Americans compete for high-paying jobs, but bringing in entrepreneurs who expand the pie for everyone. But, no, logic doesn’t prevail with this crowd.
I know we’re not always bringing in the best and brightest. Now let’s discuss the genius visa. Alex persuaded two friends to start a company in 1991. The Startup Visa And Why The Xenophobes Need To Go Back Into The. Paul Kedrosky and Brad Feld: Start-up Visas Can Jump-Start the E. Permanent residence (United States) - Wikipedia, the free encycl. United States Permanent Resident Card (green card) (May 2010) United States Permanent Resident Card (2008) United States Alien Registration Receipt Card (1946) United States lawful permanent residency is the immigration status of a person authorized to live and work in the United States of America permanently.
Green cards were formerly issued by the Immigration and Naturalization Service (INS). Permanent residents of the United States eighteen years of age or older must carry their valid physical green card itself at all times. Most of the information on the card is self-evident.[6] The computer and human readable signature at the bottom is not. First line: 1–2: C1 or C2. 3–5: USA (issuing country, United States) 6–14: 9-digit number (A#, alien number) 15: application receipt number 16–30: immigrant case number that resulted in the approved green card. Second line: 1-6: birth date (in YY/MM/DD format) 7: not documented, assumed to be a check digit 8: gender 16-29: country of birth Third line: Asian Law Caucus - North Beach/Telegraph Hill - San Francisco, C. Blog Archive » Why the Founders Visa could suck. If you have been following blogs of people associated with the technology and entrepreneurship industry (yes, entrepreneurship is also an industry) with any level of intent, you MUST have heard of the Founders Visa movement.
Predictably, the ‘grassroots’ effort has been gaining a lot of momentum thanks to Twitter. The premise is that if you’re a budding entrepreneur with viable investment money on hand, you should be able to freely come to the US as a nonimmigrant to start your business. Hitherto, the only ways to come to the US without having been born here have been through a buffet of non-immigrant visas or being able to secure work in the country. The latter has always been classified as a dual-intent visa that allows you to also apply for permanent residency through employment based green cards. Notice the importance of intent.
MISTAKE 1: Emphasis on intent Now, once you’re in the USA, you complete your education from one of the top schools in the world. Are you fricking serious?