4 ms·
Immigrants start small businesses at twice the rate of the native-born
- stevenjgarner 10y agoOne reason immigrants start more small businesses is because it is the only way they can generate an income. For the first decade I lived in the US (before I got my green card), my social security card was stamped “Not valid for employment”. So I incorporated a US company as a subsidiary of my foreign company, and just continued to work (legally) for my original foreign company, while marketing its services here in the US through its subsidiary. This is standard operating procedure for many immigrants, so of course the statistics are skewed in that direction.