From Startup to Green Card: An Entrepreneur’s American Dream

People around the world often consider the USA as the land of opportunity. Why not consider it? This country constantly provides new job opportunities and holds an immense place in people’s hearts. Especially immigrants like to start businesses and innovate here as this gives immense reach to their work and potential. Everyone wants to explore the USA whether just for travel or business purposes. They get the best cheapest business class flights to India from USA at Tripbeam.us. In the USA, there are many skilled migrants and entrepreneurs from all around the world, especially India, who found success in different sectors including, IT tech, and entrepreneurship within the US.

Impact of Immigration on US Innovation and Entrepreneurship

In several reports, William Kerr from the Harvard Business School stated that approximately 25% of inventors and entrepreneurs in the US are foreign-born. This is a significant increase from around 10% in the 1970s. It further discussed that a diverse group of individuals are the ones who contribute to the economy in different sectors. These individuals provide productivity and innovations in the overall growth of the USA. In fact, it’s estimated that 30% to 50% of US productivity growth (from 1990-2010) was contributed by skilled immigrants.

The impact of immigration has shown a significant improvise in the last three decades. With this contribution especially in the innovation showcase, there is a shift toward tech hubs like Boston, Seattle, and San Francisco. This trend created an environment inclusive of entrepreneurship and innovation. This makes an ideal time for Indian entrepreneurs to establish a business in the USA. There is a wave of Indian American diaspora in the USA, where the USA building a trusting and welcoming environment for Indian entrepreneurs. This will create an innovative environment and better opportunities for newly, to well-established entrepreneurs.

Visa Options for Indian Entrepreneurs

Furthermore, the US offers a financial infrastructure and easy access to capital. This also contributed to making it an attractive destination for entrepreneurs. Several Indian entrepreneurs are looking to stay permanently in the US. There are visa options such as the L-1A and EB-5 will help you to have permanent residency in the USA. In addition, Entrepreneurs should be aware of multiple airfare options for affordable tickets at Tripbeam.us, including cheap flight deals to India, and back, depending on travel requirements.

The L-1A visa is designed for multinational companies where the executive and manager of the same company in different countries will transfer to the US offices. This is a speed process where the chance of getting approval is high with 15 days via processing. L-1A visa holders can pursue permanent residency in the US with the help of the EB-5 program. This will not compromise their current visa status. On the other hand, The EB-5 program enables qualified immigrant investors to get permanent residency in the US. However, there is a catch where they need to invest a minimum of around $1.05 million. Further, they must create 10 full-time jobs for US workers. This option allows for a lower investment to do $800,000 in rural or high-unemployment areas. This is particularly attractive to many investors.

It is important to understand that when transit from an L-1A to an EB-5 visa can be a strategic move for Indian entrepreneurs. The EB-5 program offers advantages for managing a small business compared to the L-1A visa. This is unlike the L-1A which people are often confused with. The EB-5 program does not come with complex hiring requirements. Additionally, regional centers can streamline the process where distributing capital into projects. This satisfies the job creation requirement. In addition, Tripbeam.us also offers a variety of flight options, such as Booking cheap flights to India from US People who want to indulge in travel for their business, must take advantage of this travel opportunity. It will provide them with a variety of affordable and convenient options.