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Re:What the startup visa should really look like by marquis on Sunday November 18, 2012 @06:22PM (#4802073)
What is so important to actually relocate to the U.S. rather than any other country, or stay where you are? (if you are lucky to be somewhere that's safe and respectful to your way of life). I travel to and partner with the U.S. as a core part of my work but it's never been something I considered to actually permanently move there - you can open a business and a bank account remotely, run your S corp* etc. Is it because funding is hard to find, and harder to find if you are not actually living in NYC or SF? Are there not easier countries to move to, if you're looking to relocate for reasons other than financial, and run your U.S based company remotely? I don't think that there is any shortage of Comp Sci graduates anywhere in the OECD for those looking to hire.

* edit (C corp or LLC)

Re:What the startup visa should really look like by hpatel on Sunday November 18, 2012 @08:01PM (#4802337)
Given that this discussion is about US immigration, it makes sense to discuss cases where capital needs to be raised(if comparing to OECD countries) or there is a significant advantage to relocating to US(if comparing to non-OECD countries).

One of the main premises is that innovation is stifled because employees in the position to innovate are chained to their jobs via the H1 visa in their prime years.

Re:What the startup visa should really look like by isalmon on Sunday November 18, 2012 @06:30PM (#4802098)
You can't own an S corp unless you're a US resident (citizen or GC holder).
Re:What the startup visa should really look like by marquis on Sunday November 18, 2012 @06:41PM (#4802130)
You can also be the sole member of an LLC, which is sufficient for having a U.S. bank account and doing business, if you're not looking for VC funds. Real estate agents deal with these kinds of LLC setups anytime for foreign real estate purchases.
Re:What the startup visa should really look like by hnwh on Sunday November 18, 2012 @06:36PM (#4802116)
But you can own a C-Corp, which is what a venture-funded startup needs to be
Re:What the startup visa should really look like by isalmon on Sunday November 18, 2012 @06:40PM (#4802125)
Agreed, but not every single new business is focused on raising VC capital
Re:What the startup visa should really look like by sharth on Sunday November 18, 2012 @07:48PM (#4802295)
Why does the company even need to be registered in the USA?
Re:What the startup visa should really look like by elias on Sunday November 18, 2012 @11:38PM (#4802913)
Actually, the requirement is that you area tax resident. Similar but very different.