High skilled immigration bill introduced in US Congress
Washington: US lawmakers have introduced a new Bill in the Congress to create more than 125,000 new visas to attract global talents to America.
The Bill has the support of top US companies and organisations like Microsoft, Google, National Small Business Association (NSBA), CTIA, Consumer Electronics Association (CEA), Financial Services Forum, Computer and Communications Industry Association (CCIA), TechAmercia, Information Technology Industry (ITI), Compete America, Silicon Valley Leadership Group, and TechNet.
Startup 3.0 allows qualified companies to apply research and development tax credits to their payroll tax liability, up to USD 250,000.
“Too often we educate the world’s best and brightest in STEM fields, only to send them back to countries like India and China to open businesses and compete against us.
This Bill will keep top talent here in the US to build businesses that hire Americans, and drive US innovation and competitiveness,” Congressman Grimm said.
“With a renewed focus on comprehensive immigration reform, it is imperative that we take commonsense steps to help the US compete and win the global competition for talented innovators and entrepreneurs,” Senator Warner said.
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