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ARTICLE · 13 JANUARY 2014

The Start-Up Chile Visa Program: Chile’s Gain Is Our Loss

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
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The following opinion piece by Susan Cohen appeared in the December 20, 2013 issue of VentureBeat and is reprinted here with permission.

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The following opinion piece by Susan Cohen appeared in the December 20, 2013 issue of VentureBeat and is reprinted here with permission.

The U.S. market is a magnet for foreign entrepreneurs. Yet the U.S. immigration system throws up roadblocks to entrepreneurs. There is no "startup" visa, and the visa options that exist are unwieldy and often impractical.

Contrast that with the Chilean government's Start-up Chile program. Nicholas Shea, a Stanford MBA and a Chilean citizen, began this program in 2010, when he realized that there were no viable visa options for the Chilean friends he wanted to start a company with in Silicon Valley. Since 2010, the Start-up Chile program has awarded over 1,000 startup visas and millions of dollars of funding to those who win the country's business plan competition.

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