EB-5 program. Support the growth of the EB-5 Program to further stimulate the U.S. economy through job creation and capital investment by foreign investors. This important program allows for visas for participants who make the necessary investment in commercial enterprises in the U.S. and plan to create or preserve at least 10 permanent full-time jobs for qualified U.S. workers.
H-1B visa caps. Global access to highly skilled technical workers is critical to the U.S. economy. While efforts to better prepare and encourage American students into math, science and engineering-related degrees are under way, American employers need to be able to hire highly educated professionals with special skills in order to compete effectively.
In particular, employers should have access to the foreign nationals earning advanced degrees at universities in the U.S. who, in some fields, now earn the majority of degrees. TAB advocates: (1) continued access to H-1B visas and (2) support for legislation to exempt foreign nationals who have received masters or Ph.D. degrees from universities in the U.S. from the H-1B cap.
Immigration reform. Support comprehensive immigration reforms that include the following three criteria important to the Texas business community:
- Build an immigration system that allows enough legal immigration to meet employer needs.
- Create the ability for undocumented workers residing in the U.S. to obtain legal status.
- Create a reliable system for employers to quickly verify the legal status of job applicants without burdening employers with higher compliance costs or liability or shifting enforcement obligations from the government to employers.