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What's an efficient way to create more jobs in the United States? Give startup visas to those living outside the country.

According to the Phoenix Business Journal, 1.6 million jobs could be created by granting visas to foreign business owners over the next 10 years.

The process would be in conjunction with the Startup Act 3.0, which would grant visas to 75,000 foreigners who already are in the U.S. on H-1B visas or F-1 student visas.

If these individuals hire at least two full-time employees (family members don't count) and invest or raise at least $100,000 for their business in the first year, their visas would be extended for three years. After three years, if these entrepreneurs have hired, on average, one additional employee per year, they may apply for a green card, giving them permanent resident status in the U.S.

Phoenix Business Journal noted that Arizona offers more startup visas than any other state, which could mean a massive increase in job opportunities for Arizonans in the coming years.

KTAR Newsroom,

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  • Abuse
    wrote...
    How's About..........
    March 2, 2013 7:24 am
    1.6 million jobs for AMERICANS? Who writes and researches this stuff? Oh, must be the "jobs American won't do." Actually, it's a way for business to reap more profits, by hiring those willing to work for minimum wage, and bust more Union workers. This whole article is a ruse. Get real, folks.
  • Abuse
    Michoacan wrote...
    Xenophobes, unfamiliar with the process,
    March 2, 2013 8:49 am
    freak when they read the headline and don't consider it's meaning. The act envisions visas for 75,000 foreign entrepreneurs who would create jobs that would be available for Americans to take, mainly I tech industries. Energetic immigrants have a much better track record at business creation than do American citizens.
  • Abuse
    yrreta wrote...
    "Energetic immigrants have a much better
    March 2, 2013 9:13 am
    track record at business creation than do American citizens." The system is set up to help minority business owners get started and get work. Having worked for several minority owned businesses, we were able to take advantage of tax laws and preferential treatment in getting government contracts. The system rewards those who fit into a particular niche, those who do not, aka Americans, must fend for themselves and help support the minority programs through the taxes they pay.
  • Abuse
    Michoacan wrote...
    Yretta does not think of minorities as
    March 2, 2013 10:06 am
    Americans.
  • Abuse
    c2527 wrote...
    not only could they create 1.6 million jobs..
    March 2, 2013 10:45 am
    they could also help tame space unicorns, which would have a number of benefits, - eliminates the threat of hostile space unicorn attacks - turns hostile space unicorns into loving speciall friends - harnesses the energy of space unicorns for peacefull purposes I thought, as long as we're just MAKING STUFF UP, without any supporting evidence, I'd play along and one-up everyone
  • Abuse
    yrreta wrote...
    Correction, minoritiies do not think of
    March 2, 2013 11:22 am
    themselves as Americans. There is no profit or benefit to calling yourself just American. As long as minorities think of themselves as minorities, they continue to get all the perks and liberal sympathy that go along with it. There is no incentive for a minority to consider being called just American without something hyphenated in front of it. Hyphenated minorities are Americans that have sold out to the system for personal gain. This coming from someone who had a European father and Hispanic mother.
  • Abuse
    triplesix wrote...
    equality in America
    March 2, 2013 10:56 pm
    NO nail is wasted as long as Yrreta is swinging the hammer !
  • Abuse
    Michoacan wrote...
    KTAR commentator types apparently
    March 3, 2013 7:47 am
    have an aversion to job creation. "Offering “startup visas” to foreign entrepreneurs could create as many as 1.6 million jobs during the next decade, according to a report released by the Ewing Marion Kauffman Foundation on Wednesday. Earlier this month, U.S. Sen. Jerry Moran, R-Kan., and other congressmen filed Startup Act 3.0, which would create an entrepreneur visa." Conservative Midwest Senator sees the wisdom in facilitating the documented immigrant entrepenuerial drive. Meanwhile, in Arizona, bigots tie themselves in knots with unproductive hating.
  • Abuse
    triplesix wrote...
    In Arizona, Bigots
    March 3, 2013 11:19 am
    OK, "that's what I'm talking about" EQUALITY. Accuse others of hate and then refer to them as bigots, now you are a hater also, equal. The real problem is equality or more of a lack of equality, in fact that is why America is so divided and hateful of one another in my opinion. All this special interest to give someone an advantage over another is wrong, and will never be a benefit to any society. Who are these people who feel good and helpful to create an advantage for one person yet don't seem to feel bad and realize they have created a dis-advantage for another ?
  • Abuse
    Michoacan wrote...
    Conservative Midwest Senators,
    March 3, 2013 12:47 pm
    apparently.
  • 1

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