Many countries are actively looking for entrepreneurs, investors, high net worth individuals and venture capitalists who have innovative business plans and optionally, some working capital.
In the U.S., more than 25% of all new business owners between 2007 and 2011 were immigrants and 40% of companies on the Fortune 500 list were founded by immigrants or children of immigrants – Apple’s founder, Steve Jobs, was a child of a Syrian immigrant and Google was co-founded by Russian-born refugee Sergey Brin. In the UK, more than 20% of tech start-ups are founded by immigrants.
In many other developed countries, immigrant entrepreneurs are a hugely positive force for innovation and economic growth, and they tend to be overrepresented in the entrepreneurial sector. Considering the obvious such benefits business and entrepreneurial immigration, many developed countries have created special visa categories to cater for entrepreneurial migrants. In Canada, the government is encouraging immigrant entrepreneurs through an emphasis on risk-sharing with the private sector, such as cooperation and investments from business angels or venture capital funds.
Some immigrants remain connected to their native countries after emigrating and their connections help promote trade and investment between the host countries and the countries of origin. There is also a growing business migration in the opposite direction, from the developed to the underdeveloped world, as investors and entrepreneurs relocate to immerse themselves in new markets and opportunities.
The most popular immigration-friendly countries for Business and Entrepreneurial migrants which are covered in the eBook are Australia, New Zealand, Canada, the UK, the US, Singapore and the UAE.