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Obama's Executive Order Eases Citizenship Path for Overseas Entrepreneurs

August 2014, 21
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Obama eases Citizenship path
In a major decision taken to streamline the citizenship path for foreign entrepreneurs, the president of the United States, Barack Obama, is likely to issue an executive order after Labor Day.

It is expected that the reforms, which will be announced after Labor Day would be a boon to small businesses that are owned or operated by foreign entrepreneurs. It has to be mentioned here that the President Obama will use his executive power to assist businesses grappling with the limits of green cards and work visas. 

The executive order incorporates two significant tweaks to the green card granting process. The first tweak includes exemption of spouses and dependents counting from the cap of employment-based green cards, currently confined to 140,000. It is expected that this initiative would help to double the number of green cards available to principal applicants.    

Recycling of unused green cards from previous years and making them available for people of USA permanent residency backlogs would be the second amendment. Notably, at least 200,000 green cards will be added to the total number allotted over each year.      

Moreover, it is expected that this executive order will permit spouses of US H1B visa holders to get jobs in the country, who are currently not permitted to work in the US.

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