Immigration security

Silicon Valley may finally get special approval for foreign founders to enter the US

The hardest part of building a startup for many is just arriving in the United States. For six years straight, Silicon Valley lobbied hard to get Washington to offer visas to foreigners who wanted to launch companies in the US, but despite bipartisan support in Congress, the effort failed last year because “few people were willing to make it a priority,” immigration activist Craig Montuori told Bloomberg.
Meanwhile, the Obama Administration says it is preparing to commit to a compromise of sorts: an International Entrepreneur Rule proposed by the Department of Homeland Security (DHS) on August 26. It’s not a visa, and as administration officials wrote in a blog post “there is no substitute for legislation.” But, they added, “the administration is taking the steps it can within existing legal authorities to fix as much of our broken immigration system as possible.”