New legislation supported by Biden proposes startup visas to attract talent to US#startupvisas#usimmigration#usvisas#immigration&nationalityact

The 2022 Ambitious US Competition Law, announced in the US House of Representatives on Tuesday, proposes a new startup visa to open new visas for talented individuals from around the world.
President Joe Biden, who supports the bill , 2022 US Competition Law will strengthen the supply chain, revitalize the country’s economic innovation engine, and advance the bill to benefit China and other countries.

The Act, among other things, amends the Immigration and Nationality Act to create a new classification of “W” non-immigrants for entrepreneurs with an ownership interest in a startup entity, essential employees of a startup entity and also their spouses and children.
Under the terms of the bill promulgated by Speaker of the House Nancy Pelosi, the bill, if enacted, will refer the Secretary of Land Security to a foreign country with entrepreneurial ownership to apply for a legal permanent resident. Instruct you to go through procedures for people Immigrant entrepreneurship if the company has a solid track record of creating jobs, generating large incomes and receiving investment funds.

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