America Doesn’t Work Without Immigrants—Here’s Why
Billionaire immigrants and VCs discuss visa policies, green card backlogs and why the U.S. is still the best place: “One person will not screw up the American Dream."
- Over 1 million skilled workers are currently stuck in the U.S. green card backlog, with 95% from India due to per-country caps.
- H1B visa holders spend an average of 3–5 years in limbo before receiving a green card, and cannot easily switch employers.
- Immigrant-founded companies account for 55% of U.S. unicorns and 40% of Fortune 500 firms, contributing over $1 trillion annually to GDP.
- The Fairness for High-Skilled Immigrants Act (proposed multiple times) would eliminate per-country caps but has not passed Congress.
- Countries like Canada, Australia, and Germany have introduced fast-track visa programs specifically targeting U.S. startup founders and tech workers.
""One person will not screw up the American Dream." — Anonymous billionaire immigrant cited in Forbes"
Frequently Asked Questions
The green card backlog refers to the number of approved applicants waiting for an immigrant visa. As of 2026, over 1 million skilled workers are waiting, with average wait times of 10+ years for those from India and China due to per-country caps.
The H1B visa is a temporary work visa for specialized occupations, capped at 85,000 per year via lottery. It allows holders to work in the US for up to 6 years, after which they must adjust to a green card or leave.
Skilled immigrants fuel innovation, founding 55% of US unicorns and contributing over $1 trillion to GDP annually. They fill critical STEM gaps and drive patent filings.
Reforms include the Fairness for High-Skilled Immigrants Act (eliminating per-country caps), startup visa bills to let foreign entrepreneurs stay, and increasing H1B caps.
The American Dream for immigrants means the opportunity to achieve success through hard work, free from the constraints of home-country bureaucracy. It remains a powerful draw despite visa hurdles.
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Original source
www.forbes.com
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