Foreign technology companies, many of which are led by foreign-born tech workers who left the U.S. due to visa issues, increasingly are recruiting some of the U.S.'s best students. Although many top-level U.S. technology graduates will get domestic job offers, they will not get the type of high-level engineering and product-development jobs that overseas companies can provide. "Spending a couple years overseas is not a bad idea professionally, and our work environment is similar to a U.S. company," says India-based Snapdeal CEO Kunal Bahl, who studied at the University of Pennsylvania but was unable to get an H1-B visa to stay in the United States.
The domestic drain on science, technology, engineering, and math students comes as President Obama tries to get lawmakers to change the U.S.'s immigration laws. "While we shut our doors and keep entrepreneurs, engineers, and scientists out, other countries are welcoming them," says Duke University's Vivek Wadhwa. The Chinese government is currently offering permanent residence visas, comparable salaries, and other incentives to lure U.S. graduates.
For example, the movement of tech talent overseas could lead to a negative trend for the U.S. economy, which relies on immigrants, entrepreneurs, and risk takers, warns immigration lawyer Michael Wildes.
From USA Today
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