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"We" don't need a startup visa, "the USA" might. I'd prefer that Indian entrepreneurs capitalized on the excellent opportunities available at home. I support th
by kingsley_20 15y ago
"We" don't need a startup visa, "the USA" might. I'd prefer that Indian entrepreneurs capitalized on the excellent opportunities available at home. I support the startup visa in the spirit of supporting choice, but I resent the implication that the whole world should send its talents to the valley.
- nekojima 15y agoI'd like it if India and other Asian countries had a 'start-up visa'. Currently its usually too difficult to start-up a company using business or tourist visas for most Asian countries, let alone the police registration issues for even short-term residency and the actual legal registration of a local business (which can take longer than the longest available visas), if that's pursued at all. I have tried start-ups in several Asian countries, and have assisted friends with other attempts, so have faced these issues repeatedly.
- mahyarm 15y agoHow about singapore? They have programs like EntrePass and so on.
- nekojima 15y agoWe did begin one start-up in Singapore, though not using EntrePass, as that required paid-up capital of at least S$50,000 and actually an operating company with bank account before applying for Entrepass. Unless there is a local partner willing to set these up ahead of time, makes using this program more difficult, especially if you want to do a low-cost start-up. There is also usually the requirement of paying the founder(s) a minimum salary to qualify for the visa, so that can artificially increase the amount of paid-up capital required in advance, some of which is then lost to govt coffers. I'd prefer to not pay myself & founders a salary and use my current/chequing account to pay those expenses. SIN was one of the easier places in general to operate. Through the use of long-term social visas and frequent travel to Malaysia (JB for an hour or a day) for monthly tourist visa. Registering a business was quite easy too.
- mahyarm 15y agoHow about singapore? They have programs like EntrePass and a very good K-12 math program.
- bluesmoon 15y agoHey Kingsley, do you consider yourself from India, from the SF Bay Area or from both? Note, I don't mean ethnically ;)
- kingsley_20 15y agoDefinitely from India. The bay area has been a huge influence, as has the US in general, but it didn't change my sense of identity significantly.
- brainless 15y agoAs an entrepreneur from India, the only issue is a lot of these payment gateways, and licenses of different kinds are easier to get from US. If those become more global I personally would prefer starting and running from India.
- fosk 15y agoThis seems to be a good opportunity to create a payment gateway based in India. There's clearly a need here.