Startup Visa Act To Be Reintroduced.
Today, January 30 2013, Senators Mark Udall and Jeff Flake announced that they will reintroduce the Startup Visa Act. It has NOT been reintroduced yet, it is an announcement only at the moment.
This bipartisan Act was introduced in 2011 by Senators Kerry, Lugar and Udall. Regular readers of this blog will know that this particular Act was the second version. There was a Startup Act in 2010 and then again Startup Act 2.0 in 2012.
There is consensus that something needs to be done. President Obama had stated on several occasions that he would sign a bill that created visa options for entrepreneurs. In his much anticipated speech yesterday, he made clear that he wants immigration options for entrepreneurs.
I will be watching this space to see what transpires. Stay tuned!