If you’re looking for evidence of how poorly our existing immigration policy stymies America’s new tech economy, look no further than NPR. In a segment today, the station highlights the case of Andrew Nicol, a young Australian entrepreneur who attended law school in the U.S.
Mr. Nicol got an employer-sponsored visa after graduating that allowed him to stay and work in New York. But when he caught that infectious case of start-up fever going around town, and wanted to quit his job and start his own company, immigration policy got in the way. No corporate law job, no visa.
Instead, Mr. Nichol ended up taking advantage of a government-sponsored program in Chile called Start-Up Chile, that bestows would-be founders with both entrepreneurs visa and $40,000 to start their companies. NPR doesn’t name or describe Mr. Nicol’s start-up, but according to a Start-Up Chile Meetup page, it looks like he’s the founder of EveryRack. The description of the company via Google search results says, “We select the best sales, discounts and closeouts at New York retail stores and share them with you,” although EveryRack’s website points to a larger market, saying, “We find the best sales in local retail stores and share them with you in our free weekly newsletter.”
Mr. Nicol told NPR:
“I’m basically leaving New York to come to Santiago to start a business that targets New York consumers — just because it’s so much easier to do it from here, and there is so much more support from the government here.”
Your move, D.C. Mayor Bloomberg can’t do this on his own . . .