According to the study, Mr. Bansal couldn’t leave his job to start a new company because it was unclear if he’d be able to keep his H-1B status.
For 7 years. What a lock-in. And during that time, your employer can probably abuse you and freeze your salary, knowing exactly that your stay depends on that visa and you have a hard time leaving.
Another point on immigrants. The US does it right: It causes brain-drain in other countries and actually takes in skilled workers. I can guarantee you that the kind of mass immigration central Europe is experiencing right now won't lead to an array of startups.
Today, sure. 5 years ago, the EB2 and EB3 quotas for all other countries were almost as long, but this changes over time. For instance, in 2007, the line was 5 years after labor certification, so, in practice, about 6 years for everyone.
Nowadays that to get an H1B you need to go through a lottery, the big Indian outsources are increasing their percentage of H1Bs, making the problem both harder for India, and easier for the rest of the world. Instead of waiting 5 or 6 years like I did, now you probably can't stay in the US, but if you can, the green card is easier.
Even for non-Indians it takes 2-3 years thanks to USCIS's general bureaucratic inefficiency.
Even a naturalized American who loses their certificate of naturalization and applies for a replacement copy has to wait 6 months for USCIS to issue a single piece of paper!
> I can guarantee you that the kind of mass immigration central Europe is experiencing right now won't lead to an array of startups.
Perhaps not, but it may mean those people are not blown to a million little pieces by bombs, or tortured to death, or starve to death, or simply decapitated by one of the various actors in the Syrian conflict.
That's "probably" still a win.
And they'll still likely be a net economic positive after a few years when they've adjusted and started working.
7 years is a lucky thing, I saw many 9+ years after 911, however if you have a nice PhD degree it could be much faster, the rest just have to wait and wait.
Yes, but it takes a lot of paperwork to do it. But H1-B holders can also be fired (thanks to work at free will) and would have to leave the country within 30 days if he/she could not find a new job. How can you even build a future in a new country like that?
For 7 years. What a lock-in. And during that time, your employer can probably abuse you and freeze your salary, knowing exactly that your stay depends on that visa and you have a hard time leaving.
Another point on immigrants. The US does it right: It causes brain-drain in other countries and actually takes in skilled workers. I can guarantee you that the kind of mass immigration central Europe is experiencing right now won't lead to an array of startups.