Why VCs and Foreign Founders Want the ‘Entrepreneur Visa’
Date: June 5, 2013
Wall Street Journal
June 5, 2013
Immigration challenges plague foreign entrepreneurs who want to build startups in the U.S. Beyond worrying about individual visa status, a founder has to worry about tax laws in the U.S., and for example, predict how a requirement to repatriate proceeds may impact a company’s bottom line.
A foreign founder also is subject to the judgment of an individual immigration officer assigned to review his or her case at random. An officer may or may not see the business as legitimate, and can send the entrepreneur packing.
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