Wednesday, December 16, 2009

Reversing the Foreign Brain Drain-5

Now people will think that it will cost us a lot of money. But it won’t since we already have programs in place for family visa people. We can just create a new category for these foreign graduates. The amount of innovation and highly skill people that we will gain will largely offset whatever cost we will incur. Plus since laws will be in place to make sure there is no abuse, the prevailing wages will be given to these people. It will surely end the abuse that we are encountering for H1 visas and we can even eliminate or even reduce the number of visas allocated for the H1 since we will be fulfilling our needs with these graduates.

If you see all the advance western countries, most of them have programs and rules in place to give highly skilled people a high chance of immigrating to their countries. We should be doing the same, initiating a point system like they have it in Canada and Australia, where more points are given to educational skills and language. Just to make sure that we are not increasing the immigration too much, we can reduce the other categories of immigrant visas (not too much) to accommodate this particular category of highly skilled and educated people and also improve the quality of what kind of immigrants do we really need to have now and in the future.

Since we are issuing immigrant visas in the hundreds of thousands, it would be fair to say that out of that hundreds of thousands, we can create a category for all these foreign-born graduates (meaning graduates of U.S. colleges and Universities- just to clarify) capping this category to ten thousand (10,000) each year initially on a trial basis and then can be raised as need arises.

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