CitizenPath is proud to support the third annual Immigrant Heritage Month this June. Immigrant Heritage Month celebrates a United States that is fueled by immigrants from around the world and the honors ways in which America and the immigrants who have built our country are linked in a shared, productive history.
Our great nation was created by people with families that originally came from other countries. In June, we celebrate the strength that this diversity created.
Immigrant Heritage Month
Immigrant Heritage Month is organized by Welcome.us, a nonprofit organization. The initiative is a collaboration of community organizations, elected officials, corporations, artists, and thought leaders to gather and share inspirational stories of American immigrants.
CitizenPath joins a list of partners that includes companies such as Facebook and Walmart, and a plethora of non-profit organizations like FWD.us, Immigration Advocates Network, and United We Dream. Even the White House got involved.
Immigration is Entrepreneurial
Columnist George F. Will writes that immigration is an “entrepreneurial act.” Immigrants are risk takers that left their native cultures in pursuit of new opportunity in America. This willingness to take chances and challenge the status quo has created countless businesses in the United States.
The Partnership for a New American Economy uncovered some remarkable statistics in a recent study that researched how immigration has affected the U.S. economy:
- Immigrants are more than twice as likely to start a business as the native-born. In 2011, the immigrant business-formation rate was 550 new businesses per month for every 100,000 immigrants, while the native-born rate was only 270 new businesses per month for every 100,000 native-born.
- 40 percent of Fortune 500 companies were founded by immigrants or their children. This trend will most likely continue because immigrants start more than 25 percent of all businesses in seven of eight sectors of the economy that the U.S. government expects to grow the fastest over the next decade.
- Immigrants are increasingly like to start a business, while the rate of new-business generation among the native-born is declining. The rate at which immigrants start new businesses grew by more than 50 percent between 1996 and 2011. During the same period, the business-formation rate for the native-born declined by 10 percent.
Immigration is a Job Creator
Immigrants have had an enormous impact on U.S. jobs and the gross domestic product (GDP) – They are job creators. In example after example, the nation’s economic growth is being led by immigrant-owned businesses.
- The Fortune 500 companies started by immigrants or their children (40% of Fortune 500 companies) generated revenue greater than the GDP of nearly every country in the world (except Japan, China, and the United States). $1.7 trillion in revenues is attributable to the companies founded by immigrants, and that figure rises to $4.2 trillion when combined with the revenues of companies founded by the children of immigrants.
- One in every 10 people employed at a privately-owned U.S. company works at an immigrant-owned firm and immigrant-owned businesses pay out $126 billion in payroll per year.
- Every low-skilled, non-agricultural, temporary worker who comes to the U.S. to fill a job that may otherwise be left open creates an average of 4.64 U.S. jobs. These low-skilled jobs are the necessary backbone to support higher-skilled positions.
Immigration Spurs Innovation
Immigrants don’t simply fuel business growth. They are proven leaders in the area of STEM: science, technology, engineering and math.
U.S. immigrants help drive STEM innovation by earning patents on new research, products, and ideas.
- “Non-resident aliens” comprised almost 41 percent of all masters and doctorate degrees in STEM fields in 2009. 40 percent of STEM masters degrees and 45 percent of STEM doctorates were awarded to “non-resident aliens”.
- 76 percent of patents awarded to the top ten patent-producing U.S. universities in 2011 had at least one foreign-born inventor. For high-tech and cutting-edge fields, the rate of foreign-born patenting at those institutions was even greater: semiconductor device manufacturing (87 percent), information technology (84 percent), pulse or digital communications (83 percent), pharmaceutical drugs or compounds (79 percent), and optics (77 percent).
The Immigrant Heritage Month campaign encourages both recent immigrants and native-born Americans to share their immigrant stories. Sharing your story is easy. Simply upload a photo, briefly tell your story, tag with the hashtag #IHM2016 and post on Twitter, Facebook or Instagram. Or you can submit your story through the Welcome.us website.
CitizenPath is the online service that makes immigration forms simple. The website provides simple, step-by-step guidance through USCIS applications and petitions. Our low-cost service helps to simplify the process by explaining each question and providing alerts if your answer to a question could be a problem. Most people do not need a lawyer to prepare USCIS forms, but many need a little assistance. That’s where CitizenPath can help. CitizenPath provides support for the Petition for Alien Relative (Form I-130), Green Card Renewal (Form I-90), the Citizenship Application (Form N-400), and several other popular forms.