Bipartisan Immigration Reform Bill Includes Udall's Job-Creating StartUp Visa Act
Udall Welcomes Provision, Which Will Keep Innovative Entrepreneurs in the United States
Mark Udall welcomed news today that the U.S. Senate’s “Gang of Eight’s” comprehensive immigration reform proposal includes his bipartisan StartUp Visa Act, which would help foreign entrepreneurs and highly skilled college graduates of U.S. universities to create jobs in the United States. Udall introduced the common-sense, job-creating StartUp Visa Act earlier this year with Sen. Jeff Flake (R-Ariz.).
"Our country is stronger and more prosperous thanks to immigrants. But all too often we welcome entrepreneurs to our colleges and universities only to send them back to their home countries before they can start innovative, new businesses and create jobs here in the United States. My bipartisan proposal gives these innovators a way to create jobs right here and ensure that Colorado and the nation win the global economic race," Udall said. "I plan to carefully study the Gang of Eight proposal to ensure that it fixes our broken immigration system, secures our borders and provides certainty for businesses, families and workers. But the inclusion of the StartUp Visa Act is a good foundation for the bill."
The StartUp Visa Act would allow foreign entrepreneurs who attract financing from U.S. investors or revenue from U.S. customers to start and grow their businesses in the United States. Additionally, it would allow these immigrants to remain in the country permanently if their companies create jobs for American workers and strengthen the economy.
Udall, former Sen. John Kerry (D-Mass.) and former Sen. Richard Lugar (R-Ind.) first introduced the StartUp Visa Act in 2011 with the support of the U.S. Chamber of Commerce and many other entities. The bill allows immigrant entrepreneurs and foreign graduates from U.S. universities to become legal residents if they start a business and create jobs in the United States. Udall touted the legislation at the time in an op-ed in the Colorado Springs Gazette.
Udall also highlighted the StartUp Visa Act in a recent op-ed in Space News about Colorado's growing aerospace sector, saying it fixes a critical flaw in our broken immigration laws: "Our immigration system, as it stands today, encourages us to educate and support foreign entrepreneurs to obtain the skills they need to create the next Google, Microsoft or Apple, only to kick them out of the country once they complete their education.
Please contact Mike Saccone at 202-224-4334.