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Work At Home Free Classifieds => Post Your Products & Services Here => Topic started by: nancymervin on September 27, 2011, 01:55:10 PM
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A group of lawmakers are looking to reform U.S. immigration law to make it easier for foreign
entrepreneurs to remain in the country if their start-ups are attracting investment and
creating jobs.
Under the terms of the bill, immigrant entrepreneurs will be able to receive a two-year visa
if their start-ups have received at least $100,000 in capital from investors. After two years,
the business must have created at least five new jobs and generated at least half a million
dollars in revenue.
The bill also covers foreign entrepreneurs and graduate students studying math or engineering
on unexpired H-1B visas, as well as those who have generated $100,000 in sales within the U.S.
from their companies.
Rather than authorizing the creation of new visas, the bill is intended to transfer allotment
of existing EB-5 visas, which grants temporary status to foreigners who invest in U.S.
businesses. In 2009, only 4,191 of the allotted 9,940 EB-5 visas were granted.
Applying for US citizenship (http://www.uscitizenship.info/)