As the Trump administration sought to end the International Entrepreneur Rule created by the Obama administration for immigrant entrepreneurs and has made obtaining H-1B visas more difficult, other countries have sought to attract tech talent and entrepreneurs. Although immigrants and children of immigrants have played critical roles in many of Silicon Valley’s top companies—including Google, Tesla, eBay, Stripe, Apple, Oracle, and Amazon—immigrants are now being drawn to visa programs with a range of perks in such countries as the UK, China, Japan, Israel, Germany, Estonia, Australia, New Zealand, and Canada. “The fight over tech talent is not something that is coming in the future. It’s happening right now,” Kate Mitchell, founder of Scale Venture Partners in Foster City, California, tells Bloomberg. “And we are losing.”
Read more