Report
ブラック ジャック 必勝 法eign nationals who are planning to launch their own business?
ブラック ジャック 必勝 法apital Kyoto: Becoming a Global City for Startups (2)

*This article was originally published in Japanese. All information in this article is as of November 11, 2021.

With the spread of the novel coronavirus, Zoom has now grown into the most used video conferencing system in the world. The company was founded in the United States by Eric Yuan, who is from China. Eric has an experience that his applications for visa for the United States had been rejected eight times. But he continued to send in his visa application, and was finally rewarded for his persistence by receiving approval on his ninth try. If he had given up on going to the United States while he made a few tries, Zoom may never have been introduced to the world.

Today, more than 20 countries, mostly in Europe and South America, started implementing the Startup Visa that gives temporary residency status to foreign nationals like him who have a high level of technical skills and wish to launch startups with the aim of making it grow quickly in a short period of time. In this second article of the series, we will look into the Startup Visa system being implemented around the world by looking at examples from some of the countries.

There is recent global interest in the Startup Visa.Originally, Australia and other countries had already introduced a visa known as the entrepreneur visa that approves temporary residency status of foreign entrepreneurs for their working in a variety of fields.

However, mainly in European countries, there was growing concern that they could not expect to achieve major economic development if they continued to rely only on the existing domestic industries and human resources. These countries therefore began implementing the Startup Visa in order to attract talented personnel coming into their countries, with the goal of building up their innovation economy and creating new employment opportunities.

Upon studying the websites on Startup Visas at different countries, we found that applicants are either required or encouraged to fulfill the following elements in order to acquire a visa. In addition to these factors, as well as regular visas, applicants are required to have a certain amount of funds for living expenses and language skills. Also, they have to submit their educational and criminal records.

Startup Visas not only provide approval for residency, but also provide support to assist the growth of that company. For example, in Chile, temporary residency status is given to foreign entrepreneurs whose company is participating in an acceleration program offered by the Chilean government called the Start-Up Chile . We can see that this policy focuses on not only the visa acquisition by foreign entrepreneurs, but also the development of a startup ecosystem. Start-Up Chile provides funds (not by share acquisition) of up to a maximum of 10 million to 75 million pesos (about 1.4 million to 10.5 million yen, with 1 peso calculated at approximately 0.14 yen) depending on the size of the company. In addition, the program provides co-working spaces with free of charge, the use of such services as AWS and HubSpot for up to an equivalent of 300,000 dollars, opportunities to receive training, as well as consultation opportunities with experts. This program that started in 2010 has been used by more than 2,000 companies, of which 72.6% were ブラック ジャック 必勝 法ompanies from outside of the country.

Startup Visa implementation is expanding in various countries, and now,an international competition is growing for acquiring human resources for launching new businesses.

Canada not only offers foreign entrepreneurs temporary residency status but also gives approval for permanent residency. As the pace of a declining birth rate and aging population is accelerating, foreign entrepreneurs are expected to enhance the economic growth and to expand employment opportunities. As a result, founders of about 200 companies have acquired permanent residency in Canada. ApplyBoard, which is a platform for supporting foreign students, was created by an entrepreneur from Iran that made use of the Startup Visa. It has grown into a unicorn company with a present value of more than one billion dollars and is currently employing more than 500 persons.*2

In this situation, the United States and China are also beginning to take actions in implementing the Startup Visas. In May 2021, the United States Department of Homeland Security announced that it will resume the International Entrepreneur Rule (IER). The IER allows temporary entry into the United States to foreign entrepreneurs who satisfy certain requirements, such as having demonstrated the potential of generating rapid economic growth and creating new employment opportunities. This system was adopted in 2017 at the end of the Obama administration, but it was suspended by the following Trump administration, which was hesitant about accepting foreign workers into the country. Since the establishment of the Biden administration, there has been rising expectation that the IER will be reinstated, such as with the report on the Startup Visa issued in March 2021 by the National Venture Capital Association in the United States.

China, which is developing a startup ecosystem centered around entrepreneurs who are originally from China, is also advancing its efforts in implementing the Startup Visa. In September 2020, Shanghai became the first area nationwide to implement, on a trial basis, a system to provide support for foreign talents and their team members to acquire work permits. On December 24, 2020, the first ever work permits given to foreign entrepreneurs were issued to two Japanese entrepreneurs.*3 Most websites on Startup Visas are offered in the local language and in English, but the website for the one in Shanghai City also gives explanations about the visa system in Japanese. China is attracting attention whether this system will be expanded into other areas throughout its country.

*1 In addition to this, Israel has also been offering the Innovation Visa for foreign entrepreneurs since 2017 on a trial basis.

*2 “If The U.S. Won’t Welcome Immigrant Entrepreneurs, Canada Stands Ready To Do So”, Forbes, June 12, 2021 *in Japanese only

*3 “又一全国首创！上海颁发首批外籍创业人才工作许可证，启动薪酬购付汇便利化试点”, Science and Technology Commission of Shanghai Municipality, December 2020
“全球求贤 上海发布最新“英雄帖 ”, Xinhua News Agency, December 24, 2020

* The original article in Japanese