Israel Easing Visa Restrictions for Foreign Entrepreneurs
Error: Contact form not found.
by Algemeiner Staff

Aerial view of Tel Aviv, from Israeli startup WikiAir, which shows the world free hi-res aerial photos of Israel. photos. Photo: WikiAir.
The percentage of foreign employees in Tel Aviv startups is far below global and Silicon Valley averages, the Wall Street Journal reported on Tuesday.
Just 2% of Tel Aviv startup staff are foreign, while those figures are 29% globally and 5% in Silicon Valley, California, according to a recent report by Startup Compass Inc. — a bench-marking tool that allows CEOs to view their own metrics in the context of peer companies.
Part of the explanation for this is that there is a strict quota on the number of work visas given out to non-Jews, and that includes those reserved for the spouses of Jewish or Israeli partners, according to the report.
Israel recently introduced a visa for entrepreneurs to work in the country for at least two years to open high-tech firms, as part of reforms introduced by the Israeli Economy Ministry. Still, according to Tel Aviv-based tech blog Geektime, only about 50 of the visas will be available in the first batch, approved on Sunday.
Israeli Chief Scientist Avi Hasson told Geektime, “We expect an immense response on the part of entrepreneurs as this program helps them develop ideas and establish unique startup companies.”
Israel’s Office of the Chief Scientist, the Tel Aviv Municipality and Israeli academic institutions have been lobbying the government to relax visa restrictions for at least 5 years.
Jon Medved, a veteran Israeli venture-capitalist and CEO of OurCrowd, said it was critical to keep Israel open to foreign entrepreneurs, to ensure the Jewish state stayed on the cutting edge of high-tech.
Israel Makes Strides to Counter Hypersonic Missiles, Drone Threats With New Military Innovations
US Lawmakers Introduce Legislation to Expand Internet Access for Iranian People
Israel Releases Sinwar’s Secret Documents Revealing Brutal Strategy Behind Oct. 7 Massacre
Netherlands ‘Deeply Broken,’ Ambassador Says After Israeli Soccer Fans Banned, Pro-Hamas Rally Allowed
Algemeiner CEO Joins Israeli Security Experts at Counterterrorism Summit to Confront Global Antisemitism
Robert Kraft Donates $5 Million to Build New Chabad Center in His Massachusetts Hometown
Here’s a Lesson from Noah’s Ark We Can All Use Today
The Myth of ‘Resistance’ to ‘Occupation’
When a CNN Host Is More Hostile to Israel Than the United Nations
Order to Limit Starshield for Ukraine Came From Inside White House, Sources Say





When a CNN Host Is More Hostile to Israel Than the United Nations
Netherlands ‘Deeply Broken,’ Ambassador Says After Israeli Soccer Fans Banned, Pro-Hamas Rally Allowed
The Myth of ‘Resistance’ to ‘Occupation’
Israel Releases Sinwar’s Secret Documents Revealing Brutal Strategy Behind Oct. 7 Massacre
Norwegian Teen Jailed for 20 years for UK Murder Plot After Being Recruited Online by Iran-Linked Group



