Green Card & Visa News

A recent study has found that US immigrants are more likely to start a business than native-born US citizens. The study was conducted by the Office of Advocacy of the US Small Business Administration an independent group that voices concerns from small businesses to the federal government.

The study, titled Immigrant Entrepreneurs and Small Business Owners, and their Access to Financial Capital found that 10 percent of immigrants in the US own their own business. Furthermore, nearly 20 percent of immigrant-owned businesses had USD$50,000 or more in startup capital, compared to only 15.9 percent for non-immigrant-owned businesses.

“Immigrant entrepreneurs are essential to our nation’s growth and economic prosperity,” said Chief Counsel for Advocacy, Winslow Sargeant.