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  • Name: Nick Farr
  • Location: Washington, DC
  • Web: nickfarr.org
  • Bio: Financial Accountant & Community Architect
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In tech? Techcrunch says move to Chile

Personal Globalization: A friend of mine in Germany told me about this incredible slate of incentives the Chilean government is offering tech firms that want to relocate there.

The country that led the way in nationwide pension reform (for better or worse) is trying another experiment to lure tech-saavy folk down to one of the most beautiful countries on earth.  They’re THROWING BIG MONEY at people who create tech jobs.  What’s the catch?  You gotta learn Spanish…and that’s about it.

Amplify’d from www.techcrunch.com
Chile Wants Your Poor, Your Huddled Masses, Your Tech Entrepreneurs
Are you an immigrant who is fed up with waiting for years for a green card which you may never get? Or a tech entrepreneur looking to dramatically cut costs? I’ve got a suggestion for you. Move South. No, I don’t mean to Los Angeles or San Diego, I’m taking about way down South in Chile. They’ll welcome you with open arms and offer you incentives which will cut your burn rate more than half. And you’ll get to live in a land which makes even California look drab.
But first, you want to check out the country, right? The government will give you 60% of your due diligence costs, or up to $30,000, to visit and explore Chile. And they’ll grant you another $30,000 to launch your company in Chile. If you work from one of their tech centers, the government will pay for 5 years of rent (up to $1 million) or split the costs if you want to locate elsewhere in this gorgeous country.Read more at www.techcrunch.com
 

Immigrants are, in fact, a precious resource.

Whether it’s day laborers, or PhD’s, our nation’s greatest periods of growth coincided with its admission of immigrants.  Now that higher standards of living can be found elsewhere, the world’s best and brightest are telling the US what it can do with its inane immigration policies.

Amplify’d from www.businessweek.com
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Why Skilled Immigrants Are Leaving the U.S.

Earlier research by my team suggested that a crisis was brewing because of a burgeoning immigration backlog. At the end of 2006, more than 1 million skilled professionals (engineers, scientists, doctors, researchers) and their families were in line for a yearly allotment of only 120,000 permanent resident visas.
The U.S. is no longer the only land of opportunity. If we don't want the immigrants who have fueled our innovation and economic growth, they now have options elsewhere. Immigrants are returning home in greater numbers.
Why should we care? Because immigrants are critical to the country's long-term economic health. Despite the fact that they constitute only 12% of the U.S. population, immigrants have started 52% of Silicon Valley's technology companies and contributed to more than 25% of our global patents. They make up 24% of the U.S. science and engineering workforce holding bachelor's degrees and 47% of science and engineering workers who have PhDs. Immigrants have co-founded firms such as Google (GOOG), Intel (INTC), eBay (EBAY), and Yahoo! (YHOO). Read more at www.businessweek.com