News

Start-up Visas: Countries Draw Top Talent

Published Financial Mail,

by HANNA ZIADY, SEPTEMBER 01 2016

A growing number of countries determined to attract entrepreneurs to their soil are handing “start-up visas” to the best and brightest of them.

A start-up visa enables entrepreneurs to live and start businesses in countries where they are not citizens or permanent residents, for a defined period of time.

According to global entrepreneur network Startup Nations, at least a dozen countries now have start-up visa programmes. These include Australia, New Zealand, Singapore, the UK, Ireland, France, Spain, Italy, the Netherlands, Denmark, Canada and Chile. Startup Nations’ network continues to grow, and is expected to add the likes of Argentina, Poland, Norway, the Dominican Republic and Estonia, which plans to implement a start-up visa programme in January.

SA does not have a visa programme for entrepreneurs, but the local start-up community hopes to change this.

“We are engaging with government to improve visa restrictions for foreign high-impact investors and entrepreneurs, and change the perception that allowing them to start their businesses in SA will take jobs away from locals rather than create jobs,” says Matsi Modise, MD of Simodisa.

Simodisa is an organisation that aims to catalyse entrepreneurship in SA by nurturing a start-up ecosystem. Its engagement with government, which includes the departments of trade & industry and science & technology, is linked to a broader engagement with the SA Reserve Bank regarding intellectual property exchange controls, says Modise.

Any intellectual property created in SA needs to go through exchange controls before it becomes the property of its creator, explains Alex Fraser, vice-chair of nonprofit tech entrepreneurship organisation, the Silicon Cape Initiative.

“This adds cost, time and another regulatory hurdle to jump over, making the country less attractive to foreign entrepreneurs,” Fraser says.

Though she would love to see a start-up visa programme implemented in SA, Fraser believes these sorts of legislative changes need to be made first. She is positive about engagements with government to bring about these reforms.

Alongside engagements with government, Simodisa has set up a “talent & visa” task team to find practical ways to entice global early stage, high-potential entrepreneurial talent to start businesses in SA and advance skills transfer initiatives, says Modise.

Migreat, an immigration consultancy that has compared start-up visa policies around the world, finds that there are broadly three types of start-up visa available: an entrepreneur visa; a fast-tracked general work visa specifically for entrepreneurs; and temporary visas given to individuals involved in incubation programmes.

The eligibility requirements for these programmes vary significantly. In the Netherlands, for example, entrepreneurs must be mentored by a local incubator and be able to cover their own living expenses. Their business plan does not have to be approved before the visa is granted, as in Denmark, where business plans must pass the scrutiny of an official panel of experts selected by the Danish Business Authority.

Holders of a Danish start-up visa must demonstrate they can support themselves during the first year of their stay in the country, but are given access to welfare benefits such as health care and education, which also applies to accompanying spouses and children.

In Canada, would-be entrepreneurs must obtain backing from one of the country’s designated venture capital funds, angel investors or business incubators.

Start-up Chile, launched in 2010 and one of the few established start-up visa programmes in a developing economy, provides seed capital to entrepreneurs ranging from US$15,000-$90,000, depending on the stage of the start-up. Migreat says the programme has attracted more than 2,000 entrepreneurs since inception.

These businesses have raised more than $100m in private capital, positioning Chile as an innovation hub in Latin America.

Following the success of start-up visa programmes in Europe, plans are now afoot at EU level to develop a start-up visa scheme that would target non-European start-up founders and provide access to the single market.

Professional services firm EY, meanwhile, has recommended creating a G20 start-up visa that would enable entrepreneurs in G20 countries to move freely between these economies.

“Multilateral visas, or regional visa programmes, are crucial to improve labour mobility, conduct business internationally, and transfer a positive entrepreneurial culture throughout the G20,” says Rohan Malik, emerging markets leader for global government & the public sector at EY.

SA policy makers can look forward to the Startup Nations Atlas of Policies, a compendium of public sector policies and programmes to support start-ups that Startup Nations is in the process of compiling.

Link to full article.

226 Comments

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  20. Bob Vila is known for his do it yourself DIY tv shows “This Old House”, “Bob Vila’s Home Again”, and “Bob Vila”.

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  27. For people that spend plenty of hours with the cooking,
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    Water dispersal also prevents soil erosion around the edges of your home.

  28. Building materials can come all around the world to make it towards the local diy box store.

    Combinations of both light and darker colors can provide to gain a classy look.
    And I actually thought up a solution to replace a well
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  29. The cork used for flooring is harvested from cork
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    Water dispersal also prevents soil erosion around the edges
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  30. The cork used for flooring is harvested from cork trees throughout the Mediterranean. One of the biggest reasons a large
    number of homeowners opt in the market to renovate their existing property is to update the entire look-and to include value to their home.
    Hanging artificial plants and plants and artificial plants
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  31. A loft conversion is definitely an inexpensive, creative,
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    worth. One of the biggest reasons that numerous homeowners opt
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    home. Changing your window blinds is really a great DIY home improvement project
    which is additionally a simple way to provide a new look and tidy up the windows.

  32. An ugly front door will derail a potential sale very quickly.
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    because its raining. This is certain to get rid of the muck and dust, making your floors look
    gleaming and new.

  33. Bathrooms are certainly one other a part of the home which can be incredibly pricey
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    with a Microsoft Windows operating system. Stay minimalistic and prevent making
    your own home appear to be a show case.

  34. For people who spend lots of hours in the kitchen area, rubber flooring may supply a more body-friendly option. Home improvement
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  35. For those that spend a lot of hours in the kitchen, rubber flooring may provide a more
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    Water dispersal also prevents soil erosion throughout
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  36. An ugly entry way will derail a possible sale very quickly.
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  37. Bob Vila is known for his home improvement DIY tv shows “This Old House”, “Bob Vila’s Home Again”, and “Bob Vila”.
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  38. Injecting colour, pattern and texture to your room is
    best and many straightforwardly achieved with soft furnishings.
    Combinations of both light and darker colors can be utilized to gain a classy look.
    Hanging artificial plants and plants and artificial plants on pots can be
    found that you can choose from.

  39. Bob Vila is renowned for his home improvement DIY tv shows
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    Try employing a different color of paint that accents the main hue of
    the room, or use contrasting wallpaper. How to begin with putting your diy house in order.

  40. Bob Vila is known for his do-it-yourself DIY tv
    shows “This Old House”, “Bob Vila’s Home Again”, and “Bob Vila”.
    Home improvement businesses face a distinctive challenge
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    And I actually thought up a strategy to replace a well used broken plastic hose holder.

  41. Building materials can come coming from all around the world to restore to the
    local do it yourself box store. There are few things like having everythings set after which needing to have all the feaures wear hold because
    its raining. Switching to cool, CFL bulbs will save on cooling costs as
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  42. An ugly entry way will derail a potential sale very quickly.
    Registry Cleaners: A registry scanner is often a software utility meant to
    be used on a Microsoft Windows operating system.
    And I actually thought up a strategy to replace a classic broken plastic
    hose holder.

  43. Building materials can come coming from all over the world to make it on the local diy
    box store. Is the flashing (Metal where roof meets home) secured.
    This can get reduce the grime and dirt, making your floors look
    gleaming and new.

  44. Building materials can come from all around the
    globe making it towards the local diy box store. We’ll tell you the
    way the FHA and HUD found a whole new solution for homeowners.
    How to start putting your diy house in order.

  45. The cork used for flooring is harvested from cork trees during the
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    Switching for cooling, CFL bulbs will save on cooling
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  46. Injecting colour, pattern and texture to some room is better and quite a few straightforwardly achieved
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    Failure to do business with Bill Jones around the attached plan may result in termination or difference in position.

  47. These goods are top-quality, so that you are not sacrificing features or performance.
    Is the flashing (Metal where roof meets home) secured.
    How to begin with putting your home improvement house in order.

  48. The cork employed for flooring is harvested from cork trees during the entire Mediterranean. Combinations
    of both light and darker colors can supply to gain a classy look.
    Switching to cool, CFL bulbs will save on cooling costs as well.

  49. Bob Vila is renowned for his home improvement DIY tv programs “This Old House”, “Bob Vila’s Home Again”, and “Bob Vila”.
    You can tackle many projects yourself, plus some don’t cost much and are an easy task to do.
    Water dispersal also prevents soil erosion round the edges
    of your home.

  50. A loft conversion can be an inexpensive, creative, and straightforward technique of improving the living space this swells property’s worth.
    We’ll tell you how the FHA and HUD found a new solution for homeowners.
    This are certain to get rid of the dirt and grime, making your floors look gleaming and new.

  51. These products are top-quality, therefore you are not sacrificing features or performance.
    Try utilizing a different hue of paint that accents the primary colour of the room, or use contrasting wallpaper.
    Changing your window blinds is often a great DIY diy project that’s another simple way to add
    a whole new look and clear the windows.

  52. Injecting colour, pattern and texture to your room is the most suitable and a lot straightforwardly achieved with soft furnishings.
    Is the flashing (Metal where roof meets home)
    secured. Water dispersal also prevents soil erosion across the
    edges of your home.

  53. Bob Vila is renowned for his do-it-yourself DIY shows “This Old House”, “Bob Vila’s Home Again”, and “Bob Vila”.
    A great home improvement to make is to include French doors or sliding glass doors.
    Changing your window blinds is really a great DIY do it yourself project that is
    certainly additionally a simple way to provide a
    whole new look and clean up the windows.

  54. Bob Vila is famous for his diy DIY tv shows “This Old House”, “Bob Vila’s Home Again”, and “Bob Vila”.
    We’ll inform you how the FHA and HUD found a new solution for homeowners.
    And I actually thought up a strategy to replace an old
    broken plastic hose holder.

  55. Recycled rubber mulch also has several gardening advantages as well.
    Registry Cleaners: A registry scanner is often a software utility built to provide
    on a Microsoft Windows operating system.
    There are quite numerous people who cannot push through which has a simple home improvement because of insufficient funding.

  56. A loft conversion can be an inexpensive, creative, and easy way of
    enhancing the living space which swells property’s worth.
    A great do it yourself to make is to provide French doors or sliding glass
    doors. Water dispersal also prevents soil erosion throughout the edges of your
    home.

  57. Injecting colour, pattern and texture to a room is best and most straightforwardly achieved with soft furnishings.
    We’ll inform you how the FHA and HUD found a new solution for homeowners.
    Changing your window blinds is really a great DIY diy project which is and a simple way to include
    a whole new look and tidy up the windows.

  58. Injecting colour, pattern and texture with a room is better and many straightforwardly
    achieved with soft furnishings. We’ll show you the way the FHA and HUD found a fresh solution for homeowners.

    And I actually thought up a strategy to replace a vintage broken plastic
    hose holder.

  59. These products are top-quality, therefore you will not be sacrificing features or performance.
    You can tackle many projects yourself, plus some don’t cost much and so
    are easy to do. How to start out putting your home
    improvement house in order.

  60. Injecting colour, pattern and texture to your room is best and a
    lot straightforwardly achieved with soft furnishings.
    Home improvement businesses face a unique challenge
    in marketing themselves to potential customers. Switching to cool, CFL bulbs
    will save on cooling costs as well.

  61. Bob Vila is known for his home improvement DIY tv programs “This Old House”, “Bob Vila’s Home Again”, and “Bob Vila”.
    Combinations of both light and darker colors can be utilized to gain a classy look.

    This is certain to get gone the grime and dirt,
    making your floors look gleaming and new.

  62. These goods are top-quality, therefore you will not be sacrificing features or performance.
    Home improvement businesses face an original challenge in marketing themselves to
    potential customers. Hanging artificial plants and plants and
    artificial plants on pots can also be found that you can choose from.

  63. Recycled rubber mulch even offers several gardening advantages as well.
    One of the largest reasons that numerous homeowners opt over to renovate their existing property is
    to update the general look-and to incorporate value for their home.
    Stay minimalistic and steer clear of making your home resemble a show case.

  64. Bob Vila is known for his home improvement DIY television shows “This Old House”, “Bob Vila’s Home Again”,
    and “Bob Vila”. Registry Cleaners: A registry scanning and cleaning can be a software
    utility made to be utilized over a Microsoft Windows operating system.
    Changing your window blinds is really a great DIY diy project that is certainly
    also a simple way to provide a new look and tidy up the windows.

  65. A loft conversion is definitely an inexpensive, creative,
    and straightforward method of increasing the living space that also
    swells property’s worth. Try by using a different color of paint that accents the principle color of the room, or use contrasting wallpaper.
    Switching to cool down the, CFL bulbs will save on cooling costs as well.

  66. For people that spend a great deal of hours with the
    food prep, rubber flooring may give you a more body-friendly option.
    Is the flashing (Metal where roof meets home) secured.

    Water dispersal also prevents soil erosion round the edges of your property.

  67. For people that spend plenty of hours with the cooking, rubber flooring may give you a more body-friendly option. Combinations of both light and darker colors
    can supply to achieve a classy look. Water dispersal also prevents
    soil erosion across the edges of your house.

  68. For those that spend a great deal of hours in the kitchen area, rubber flooring may give
    you a more body-friendly option. Home improvement businesses face a unique challenge in marketing themselves to potential customers.
    Failure to use Bill Jones around the attached plan may
    result in termination or difference in position.

  69. These goods are top-quality, which means you won’t be sacrificing
    features or performance. There is not like having everythings set then the
    need to have everything place on hold because its raining.
    There may be numerous people who cannot push through having a simple home improvement as a consequence
    of insufficient funding.

  70. The cork employed for flooring is harvested from cork trees throughout the Mediterranean. Registry Cleaners: A registry cleaner is really a software utility made to be used with a Microsoft Windows operating system.
    Stay minimalistic and steer clear of making your own home
    resemble a show case.

  71. Building materials can come from all around the globe to restore on the local diy box store.
    Try by using a different color of paint that accents the primary color of
    the bedroom, or use contrasting wallpaper. Switching for
    cooling, CFL bulbs will save on cooling costs as well.

  72. Injecting colour, pattern and texture to some room is most beneficial and most straightforwardly achieved
    with soft furnishings. We’ll tell you how the FHA and HUD found a new solution for homeowners.

    How to start out putting your do it yourself house in order.

  73. Bathrooms are one other a part of the home that may be incredibly pricey and time consuming.
    You can tackle many projects yourself, plus some don’t cost
    much and therefore are all to easy to do. Failure to do business with Bill Jones about the attached plan may
    result in termination or change in position.

  74. The cork useful for flooring is harvested from cork trees
    through the Mediterranean. A great do it yourself to create is to
    add French doors or sliding glass doors. Stay minimalistic and get away from
    making your house resemble a show case.

  75. These merchandise is top-quality, and that means you are not sacrificing
    features or performance. We’ll show you how a FHA and HUD found
    a new solution for homeowners. Stay minimalistic
    and get away from making your property seem like a show case.

  76. Bob Vila is famous for his do-it-yourself DIY shows “This Old House”, “Bob Vila’s Home Again”, and “Bob Vila”.

    Registry Cleaners: A registry scanning and cleaning is
    really a software utility designed to be used over a Microsoft Windows operating system.

    How to begin putting your diy house in order.

  77. Building materials can come from all around the globe to restore on the local diy box store.
    Home improvement businesses face a unique challenge in marketing themselves to potential customers.
    This will get eliminate the grime and dirt, making your floors look gleaming
    and new.

  78. For people that spend a great deal of hours with the cooking, rubber flooring may give you
    a more body-friendly option. Is the flashing (Metal where roof meets home) secured.
    And I actually thought up an approach to replace a well used broken plastic hose holder.

  79. Bathrooms is one other a part of the home that could be incredibly
    pricey and time consuming. Try by using a different colour of paint that accents the principle colour of the bedroom,
    or use contrasting wallpaper. Water dispersal also prevents soil erosion around the edges of your house.

  80. Bob Vila is known for his do-it-yourself DIY television shows “This Old House”, “Bob Vila’s Home Again”, and “Bob Vila”.

    Combinations of both light and darker colors can provide
    to achieve a classy look. Switching to cool, CFL bulbs will
    save on cooling costs as well.

  81. An ugly doorway will derail any sale very quickly.
    We’ll let you know the way the FHA and HUD found a fresh solution for homeowners.
    And I actually thought up a solution to replace a classic broken plastic hose holder.

  82. A loft conversion can be an inexpensive, creative, and easy
    approach to helping the liveable space which swells property’s worth.
    Is the flashing (Metal where roof meets home) secured.
    And I actually thought up an approach to replace a vintage
    broken plastic hose holder.

  83. Bob Vila is known for his home improvement DIY tv programs “This Old House”,
    “Bob Vila’s Home Again”, and “Bob Vila”. Try employing a different color of paint that accents the main color of the space, or use contrasting wallpaper.
    Water dispersal also prevents soil erosion round the edges of your property.

  84. Bob Vila is famous for his home improvement DIY tv shows “This Old House”, “Bob Vila’s Home Again”, and
    “Bob Vila”. Registry Cleaners: A registry scanning and cleaning is often a software utility made to be utilized on a Microsoft Windows operating system.
    Hanging artificial plants and plants and artificial plants on pots can be found that you can choose from.

  85. Bathrooms is one other a part of the home that can be incredibly pricey and time consuming.
    A great home improvement to produce is to include French doors or sliding glass doors.
    How to start out putting your do-it-yourself house in order.

  86. A loft conversion can be an inexpensive, creative, and easy technique of
    increasing the liveable space this swells property’s worth.
    Registry Cleaners: A registry cleaner is a software utility meant to be utilized with a
    Microsoft Windows operating system. Hanging artificial plants and plants and artificial plants on pots can also be found
    for you to choose from.

  87. Injecting colour, pattern and texture to a room is most beneficial and most straightforwardly
    achieved with soft furnishings. We’ll show you how
    a FHA and HUD found a brand new solution for homeowners.
    This will get reduce the muck and dust, making your floors look gleaming and new.

  88. Injecting colour, pattern and texture to some room
    is better and quite a few straightforwardly achieved with
    soft furnishings. A great diy to generate is to incorporate French doors or sliding glass
    doors. This can get reduce the grime and dirt, making your floors look gleaming and new.

  89. The cork employed for flooring is harvested from cork trees through the entire Mediterranean. You can tackle many projects yourself, and a few usually do not cost
    much and they are all to easy to do. Stay minimalistic and get away from making your
    property seem like a show case.

  90. An ugly doorway will derail a prospective sale very quickly.
    A great diy to produce is to include French doors or sliding glass doors.

    Water dispersal also prevents soil erosion across the edges of your home.

  91. Building materials can come from all of around the world
    to make it for the local do-it-yourself box store. We’ll tell you how a FHA and
    HUD found a whole new solution for homeowners.

    Stay minimalistic and prevent making your property resemble a show case.

  92. An ugly door will derail a potential sale very quickly.
    A great home improvement to generate is to add French doors or sliding glass doors.
    Switching to chill, CFL bulbs will save on cooling costs as well.

  93. A loft conversion can be an inexpensive, creative,
    and straightforward approach to enhancing the living area that also swells property’s
    worth. Is the flashing (Metal where roof meets home) secured.

    This is certain to get eliminate the dirt
    and grime, making your floors look gleaming and new.

  94. For those who spend a lot of hours in the kitchen area, rubber flooring may provide a more body-friendly
    option. There is nothing like having everythings set then having to have everything else but place on hold because
    its raining. Switching to cool, CFL bulbs will save on cooling costs as well.

  95. For those who spend plenty of hours in the kitchen area, rubber flooring may provide a more body-friendly option. Combinations of both light
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