Cyber Monday Sale! 50% Off All Access

Paving the Way for More Immigrant Entrepreneurs The U.S. Bureau of Citizenship and Immigration Services has a new plan to speed the arrival of entrepreneurial immigrants.

By Carol Tice Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

Should it be Easier for Immigrant Entrepreneurs to Get Visas?From Sergey Brin to Liz Claiborne, immigrant entrepreneurs have long been credited with creating some of the most storied U.S. brands and companies. With that -- and the nation's rampant unemployment in mind -- some business groups have recently called for relaxation of visa rules to encourage more business-owning immigrants to come to our shores.

New legislation was proposed to pave the way for entrepreneurial immigrants, but at present, it hasn't gone anywhere. In the meantime, the U.S. Department of Homeland Security's Bureau of U.S. Citizenship and Immigration Services is also taking up the cause.

Last week, the USCIS announced a policy shift aimed at helping more immigrant entrepreneurs start up businesses in the U.S. Rather than changing any laws, the Bureau hopes to achieve these ends simply by highlighting its existing policies. Through its newly published frequently asked questions document, entrepreneurs will see if they qualify for an "employment-based second preference immigrant visa" and learn about whether they're eligible for a National Interest Waiver.

If entrepreneurs can prove that their endeavor will benefit the U.S., for instance, this classification waives the existing rules requiring immigrants to have a job waiting for them in the U.S. and receive certification from the Department of Labor. Instead, would-be business owners in key industries such as technology will be able to apply on their own.

The hope is that these new businesses might spark additional hiring and economic expansion, at a time when unemployment has remained stubbornly high. There won't be changes to any current immigration quotas, however. The agency is just hoping to make better use of existing laws to enable more business-minded immigrants to get here faster. Entrepreneurs' applications will be fast-tracked under the new policy.

The USCIS's new tactics may face challenges in the Republican-led House, which has favored strengthening border protections between the U.S. and Mexico. But they'll likely have their work cut out for them, as a number of key players in the private sector are advocating freer immigration policies.

One organization that's come out in favor is the National Venture Capital Association. Apparently, VCs are chomping at the bit to invest in tech startups these new arrivals might create.

It remains to be seen how beleaguered U.S. business owners will react. Will they welcome the competition and new entrepreneurial brainpower or resent the move to encourage immigrants to come here to hang up their shingles?

How might your business be affected by fast-track visas for business-minded immigrants? Leave a comment and let us know.

Carol Tice

Owner of Make a Living Writing

Longtime Seattle business writer Carol Tice has written for Entrepreneur, Forbes, Delta Sky and many more. She writes the award-winning Make a Living Writing blog. Her new ebook for Oberlo is Crowdfunding for Entrepreneurs.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

'Something Previously Impossible': New AI Makes 3D Worlds Out of a Single Image

The new technology allows viewers to explore two-dimensional images in 3D.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

'I Stand By My Decisions': A CEO Is Going Viral For Firing Almost All of the Company's Employees — Here's Why

The Musicians Club CEO Baldvin Oddsson fired 99 workers at once over Slack for missing a morning meeting. But there's a catch.

Real Estate

Why Real Estate Should Be a Key Part of Your Wealth-Building Strategy in 2025 and Beyond

Real estate remains a strong choice for building wealth in 2025 and beyond, from its ability to generate passive income to offering long-term appreciation and acting as a hedge against inflation.

Fundraising

They Turned Down an Early Pay Day to Maintain Control of Their Business. And Then Went on to Raise $190 Million.

Jason Yeh, co-founder and General Partner of Patron, explains the early-stage venture firm's creation and future outlook.