Reasons for the lack of economic opportunities provided by some Latin American countries investors Residents of the region are looking for new markets to develop their businesses.
In Argentina, this situation has worsened in recent years as a result of inflation, lack of growth and loss of the value of the currency.
For this reason, there is much talk about this phenomenon migration. The flow of Argentines leaving the country is constantly increasing. Many do this in search of a job, but also small or large entrepreneurs who decide to start a business in a more stable economy.
For this reason, the business landscape in United State It has undergone significant change in recent years, reflecting the growing influence and contribution of the Latino community.
According to recent data released by the SBA (US Small Business Administration), the presence of Latino entrepreneurs is constantly increasing, demonstrating their vital role in the country’s economy.
So much so that one in four new companies in the United States has Latino owners at the helm.
“This phenomenon not only highlights the diversity and cultural richness of the nation, but also demonstrates the entrepreneurial spirit and resilience of the Latino community in the midst of challenges and adversity. Latinos have historically been underrepresented in many areas of society, but the business scene is one of “Areas in which they are making a significant impact in the United States.” carla Anzalde, Experienced immigration attorney and owner of Carla Anzaldi Law Offices.
According to figures from the Latin American Entrepreneurship and Business Commission, the nearly 5 million Hispanic-owned businesses in the United States contribute more than $800 billion annually to the American economy.
Additionally, there are more than 300,000 Hispanic-owned businesses in all 50 states and the District of Columbia. These businesses employ at least one worker other than the owner. Hispanic businesses employ about 1 million workers, with more than $100 billion in annual payroll.
According to a survey conducted by this consulting company, on the profile of Latinos applying for the E2 investor visa for legal immigration to the United States, demand has increased by 50% in the Latin American region and the average number of interested people is between 40 and 60 years old.
In the past three years, according to the US Embassy, more than 80% of E2 visas issued in Latin America have been issued by the embassies of Mexico, Argentina and Colombia.
In this process, visa applications from Argentines are growing the most, along with the worsening of the domestic crisis.
Mexico and Colombia are showing more stable demand, but the Argentine case was gaining participation to move up the demand podium.
In order to rank the types of visas that Latino residents mainly apply for in Florida, here is a list of: Investment Visa, Talent Visa, and Work Residency.