In 2010, more than 40% of the Fortune 500 companies were founded by immigrants, around 90 companies, were founded by immigrants, an 114 companies were founded by their descendants.
According to the report of the Partnership for a New American Economy (read the copy of the report here), 2 of 5 companies have a foreign founder, and from 1850 to the present the participation of immigrants in the US economy has increased 10.5%
The impact of these immigrant businesses is shown in the revenue generated, is greater than the GDP (gross domestic product) of each country in the world outside the US, with two exceptions: China and Japan.
Since 2010, these companies generated 1,700 billion $ in annual revenue and employed nearly 10 million workers worldwide. These companies are: AT & T, Verizon, Procter & Gamble, Pfizer, Comcast, Intel, Merck, DuPont, Google , Cigna, Sun Microsystems, United States Steel, Qualcomm, eBay, Nordstrom, and Yahoo!
Steve Jobs, the co-founder of Apple, is a son of an immigrant from Syria. Walt Disney was the son of a Canadian immigrant. The founders of Oracle come from Russia and Iran. IBM and Boeing come from Germany, Clorox & 3M from Canada and Home Depot has a Russian origin.
According to Regional Economic Models, Inc, an expansion of the high-skilled visa program could create an estimated 1.3 million new jobs in the U.S. by 2045.
In an effort to promote start-ups and create jobs in the United States, USCIS has initiatives directed at entrepreneurs.
Entrepreneurs may obtain an employment-based second preference (EB-2) immigrant visa if they satisfy the existing requirements, and also may qualify for a National Interest Waiver under the EB-2 immigrant visa category if they can demonstrate that their business endeavours will be in the interest of the United States.
More info here!
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