Translation Results Requested Through Conyac Made Public

The main purpose of the startup visa is to promote local entrepreneurship among qualified foreigners, although this does not preclude the possibility of these people bridging the divide between the U.S. startup community and elsewhere. Given the connectedness of economies today, whatever benefits an entrepreneur can reap in the U.S. would inevitably flow back to his or her home country. This can be both monetary (such as capital flowing back from U.S. based Filipino entrepreneurs to the Philippines) or non-monetary (such as cultural and idea exchanges in the community). Given the usual legislative processes and economic lags, though, it might take five to ten years before the U.S. and the rest of the world would feel the actual effects of the country loosening its immigration policies to accommodate entrepreneurs better. But if the net benefit is a positive one, then it would surely be a welcome move.