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Trump visa freeze will hurt US tech, boost Europe startups: Experts - Business Insider


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SOURCE: http://www.businessinsider.com/h-1b-visa-americas-tech-talent-on-the-line-2020-8
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Summary

James Wise, partner at Balderton Capital, a London-based VC that invests in European startups, said that UK firms may now be able to lure more veteran founders to Europe — and Tech Nation, a startup platform funded by both the UK government and private investors, said applications for a specialized UK tech visa have risen by 35% in a year.It's "too early to say" exactly how much, if any, of that jump is linked to the H-1B visa freeze, Tech Nation chief executive Gerard Grech said. She also believes that a post-Brexit points immigration system may help Britain hire talent."The government is encouraging companies to hire UK talent, but where there is a need and when we need talent to ensure we're not stifling innovation, we're open to a certain number of people coming from different countries to help us with that and I think tech companies will welcome that," she said.Exactly how many foreign workers will choose the UK or Europe over the US following the H-1B visa freeze is not yet clear.

As said here by Sooraj Shah