I think it's wonderful for the United States to accept a lot of immigrants--my wife is an immigrant from another country. But I will simply ask the policy questions I generally ask when HN threads include discussion of immigration policy:
1) What country offers BETTER general conditions for convenient immigration by educated persons from China or from India than the United States? Where are that country's immigration rules posted on the World Wide Web? Would you rather live there than in the United States?
2) What countries offer easy and convenient immigration to an arbitrary person from an arbitrary country, say an African person who would like to start a new life by founding a business in some developed country? Where could that person immigrate readily and legally?
3) What countries allow Americans readily to settle with permanent residence status that could turn into citizenship after an application on the same terms that Vivek Wadhwa advocates that the United States offer to citizens of other countries? What countries are currently visible examples of the results of the kind of policy he proposes? Would you rather live in one of those countries than in the United States?
4) Is there any country on earth that has a NET inflow of immigrants from the United States, compared to the number of its own citizens who emigrate to the United States? What country is that? What are its immigration rules? Would you like to start a start-up there?
After edit: If you are sure that there is another country that provides better immigration rules for start-up entrepreneurs than the United States, could you kindly link to some website hosted by that country explaining what the rules are?
They changed the eligibility criteria to add some investment and financial obligations in 2009. Until 2009, there were no investment required, no minimum employees and spending requirement.
As with startups- don't worry about the competition, focus on making yourself better.
That said, we should be putting a lot more effort into letting the cream of the crop settle without any hassle. International students at top engineering/science schools should have the red carpet rolled out for them. If they're good enough to get into MIT or Caltech, or a school like IIT abroad, they should be actively courted.
My guess is that the Vatican might qualify given the "low birth rate", and perhaps Monaco, although that one's just a hunch and I have no numbers.
Since someone took the trouble to downvote, I guess I need to spell it out (I thought it was quite obvious) that mine was more of an 'intellectual curiosity' sort of response to his question rather than a real data point.
Country 1996 Immigration 1999 total Americans
Canada 15825 687700
UK 13657 224000
Germany 6748 210880
Israel 3126 184195
Italy 2501 168967
Australia 2750 102800
France 3079 101750
Immigration data from: http://www.infoplease.com/ipa/A0201398.html
Americans abroad data from: http://unstats.un.org/unsd/Demographic/meetings/egm/migratio...
Also, I (and I imagine many supporters of open immigration in the US) would certainly argue that every country should be friendlier to immigrants, not just the US. The whole world is terrible on immigration and getting worse.
The issue is not who has the least bad immigration policy. It's not getting people to immigrate here as opposed to immigrate to other countries. The issue is making our immigration policy good enough to make it preferable to immigrate here as opposed to not immigrate at all, which is the real danger.
For OP I would have given Singapore as a country with liberal immigration, simple business requirements and low taxes.