With comprehensive immigration reform nowhere to be seen, the Department of Homeland Security on Tuesday introduced a series of policy tweaks designed to attract and retain immigrant entrepreneurs who would otherwise have trouble getting a visa or staying in the United States.
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The changes are based on a reinterpretation of existing policy, so the administration does not need Congressional approval for the adjustments.
Nonetheless, the the policy shift is real: non-citizen founders of U.S. companies, foreigners with special skills, and foreign investors all can expect a smoother process.
Immigration policy for the skilled and well-educated is an area of intense interest in Silicon Valley, where both established firms and start-ups compete to keep top talent in their bullpens -- and in the United States.