Pages

Sunday, March 6, 2011

Forced Return Migration

Today's TechCrunch article points to visa restrictions as the cause of high skill return migration in the Silicon Valley.
NBC Nightly News anchor Tom Brokaw visited Silicon Valley last month to meet immigrant entrepreneurs. At Microsoft’s Mountain View campus, he met with a dozen of them. More than half said that they might be forced to return to their home countries. That’s because they have the same visa issues that Kunal Bahl had. Unable to get a visa that would allow him to start a company after he graduated from Wharton in 2007, Kunal returned home to India. In February 2010, he started SnapDeal—India’s Groupon. Instead of creating hundreds of jobs in the U.S., Kunal ended up creating them in New Delhi.

No comments: