Startup Visa terms are simplified.

When a year ago, US senators presented the Startup Visa project , the news caused a mixed reaction. On the one hand, a special visa for startup founders from other countries is certainly good. Now it will be much easier for them to move to America and get venture financing. On the other hand, the minimum required amount of venture investments of $ 250,000 made this visa inaccessible for the absolute majority of Russian founders of Internet startups.



It's nice to know that the developers of the bill listened to the criticism of the Internet community and agreed to make changes . The most pleasant news is that now it has become easy to get a visa for international students who graduate from the United States.



New conditions for obtaining a visa are:

1. For entrepreneurs outside the United States: the minimum investment from the American investor has been reduced to $ 100,000. In accordance with the business plan, in two years the startup will create at least five new jobs in the US and either attract another $ 500,000 in funding or reach the $ 500 level 000 annual income.
   
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2. For H-1B workers or US university graduates in science, technology, engineering, mathematics and computer science, if they have a current salary of at least $ 30,000 per year or an accumulation of $ 60,000, then it is enough to find an American investor worth $ 20,000 In two years, a startup undertakes to create at least three new jobs in the US and either attract another $ 100,000 of funding, or reach a level of $ 100,000 in annual income.
   
   
   
   
3. For foreign entrepreneurs, whose business has already received at least $ 100,000 in sales for American consumers, there is no requirement for initial investment at all. They can get a visa simply by promising that in two years the startup will create at least three new jobs in the US and will either attract another $ 100,000 of funding, or reach the level of $ 100,000 of annual income.

“American investor” means a venture fund, a state agency or an “angel” - a US citizen who in each of the previous three years made at least two investments of $ 50,000.



The troubled moment in the new bill is that you promise to create a successful business that will generate high income and create jobs. As you know, a startup is a risky business, so you cannot give any guarantees here. But if the business goes bad, then after two years the unlucky startups will be asked to leave America. This is quite cruel, but such is the share of entrepreneurs.



In addition, the owner of this visa has no right to work in any company other than his own. This is a necessary condition to push the lobbies of Republicans, who are always hard on immigrants and will certainly try to block this bill on the pretext that these bastards are depriving us of work. Immigrants are taking jobs, increasing unemployment among the American population. The clause on the impossibility to work in another company deprives the Republicans of their main trump card.



According to experts, if a bill without bureaucratic obstacles passes through both houses of parliament, it can cause a noticeable influx of educated entrepreneurs into the United States.