Tuesday, September 11, 2012

New immigration laws help foreign entrepreneurs get a start

Here is a good explanation of how the H-1B visa helps some immigrants and especially our country.   - - Donna Poisl

KARL BAKER, The Seattle Times

SEATTLE - In the 1920s, architects designed the 23-story art deco Exchange Building in downtown Seattle to house a stock exchange. Those plans ended when the U.S. stock market crashed in 1929.

More than 80 years later, the building will finally host an exchange company -- an online one. Denis Kiselev, an entrepreneur from Russia, is setting up shop there with the help of a new U.S. immigration policy.

His startup company, SnapSwap, was able to sponsor his H-1B visa

"I was lucky because until recently only well-established companies like Microsoft were able to sponsor working visas for employees," Kiselev said. "Immigration opened a special door for startup companies."
Click on the HEADLINE above to read the rest of this story! This is only a small part of it.

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