A $350 billion government program called the COMPETES ACT has been passed by the House Of Representatives in the United States to encourage people from all over the world to establish their startup in the United States.
Should your country compete for the best tech talent in the world and try to encourage them to establish their startups in your country or should you just try to support your local startups or both? And if you could vote on this bill directly, would you vote for it or against it?
The House bill would create a new immigrant visa category. The “W” visa would particularly benefit three groups of foreign nationals: W-1s, being entrepreneurs with at least a 10 percent ownership interest in a start-up formed within five years of the date of the visa application; W-2s, being essential employees of a start-up; and W-3s, being visas for their spouses and children.
The W visas have eligibility requirements regarding levels of investment from qualified investors and a showing that the principal applicants have knowledge and skills that would substantially assist the start-up. The W work visas would allow an initial validity period of three years with the possibility of 3-year extensions and 1-year extensions if investments and job creation meet certain standards.
The COMPETES Act also provides science, technology, engineering or mathematics (STEM) Ph.D. graduates seeking to work in the United States in a field related to such degree (and their immediate family members) a direct path to legal permanent resident status.
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Adam Radly's TEDx Talk:
https://www.youtube.com/watch?v=7npLVcymHGc
One Direct Democracy
https://onedirectdemocracy.com/
IIMAGINE
https://iimagine.life/
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Adam Radly's website
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One Direct Democracy
The reality is that we have reached a point in time in our evolution where Representative Democracy no longer serves the will of the people and technology can solve the problems that made Direct Democracy impractical.
That's why I created One Direct Democracy. It's a movement for upgrading the global democratic system by taking the power away from politicians and putting it in the hands of the people by using Direct Democracy.
I've created the technology and a plan for how to make this work.
