If the proposed immigration reforms are approved, it may be easier to obtain a visa for business purposes. The Startup Act 3.0 and Immigration Innovation (I2) Act are two examples of bills that lawmakers have proposed.
They hope that the final comprehensive bill on immigration reform will include their specific recommendations for improvements. You can visit www.mygration.com.au/business-migration/ and know more about business visas.
If comprehensive reform is not possible, Congress should pass at least one version of these bills to help attract and retain foreign students and entrepreneurs and to strengthen the Australian economic system.
The "Start-Up Visa" proposal would allow successful entrepreneurs from abroad to stay in Australia. The special immigration visa would only be granted to entrepreneurs who have at least a certain level of funding and employed a certain amount of workers.
Investors can also apply for visas to invest in the United States through other programs such as the EB-5 Investor Visa. Startup Act 3.0 is designed to provide a visa for businesses that generate activity from skilled foreigners living in Australia.
What number of people could be affected by a new Visa for Business Category?
American immigrant entrepreneurs have been declining, from 25.3 percent to 24.3 percent in the US. Immigrants who started businesses in America between 2006 and 2012 employed approximately 560,000 people and generated $63 billion in sales. This makes them a significant sector of the U.S. economic system.