In tandem with the $447 billion jobs plan President Barack Obama announced on September 8, his administration is breathing new life into an old program to draw job-creating foreigners to the United States.It’s known as the EB-5 investor program, has a clouded history, and can’t bring much relief to America’s unemployment misery. But with 27 million people unemployed [...] Read more »
Indians up for investment in U.S. hot spots
Bangalore: U.S. is the worst hit country by the vicious circle of recession; however, this sorry state of affairs has been capitalized to its core by some. In spite of a record of 2.9 million foreclosures which highlighted the extraordinary collapse of the property market, investors from India, China are keen to take advantage of [...] Read more »
Why Indian and Chinese entrepreneurs are leaving America
As I explained in my last piece, skilled immigrants are leaving the U.S. in droves. This is because of economic opportunities in countries like India and China, a desire to be closer to family and friends, and a deeply flawed U.S immigration system. It doesn’t matter whether we call this “brain drain” or “brain circulation”– [...] Read more »
‘Huge opportunity’ for Indian restaurants abroad
Indian cuisine continues to increase in popularity around the world. Good opportunities exist for entrepreneurs and established Indian-based restaurant chains to establish themselves abroad in countries such as Canada and Australia. There is also demand closer to home in countries such as Malaysia and Singapore which have large Indian populations. A 2010 National Restaurant Association [...] Read more »
The New US Visa
Washington, March 15 (IANS) Two senior senators have introduced a bipartisan legislation aimed at slowing down the outflow of skilled talent and boost entrepreneurship in the US ‘to drive job creation and increase America’s global competitiveness’. Introduced Monday by John Kerry, Democratic chairman, and Richard Lugar, top Republican on the Senate Foreign Relations Committee, the [...] Read more »
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