The Economy Ministry on Thursday announced plans to issue “innovation visas” for foreign entrepreneurs to come work in Israel. Entrepreneurs who obtain the two-year visas “will be able to develop new technological enterprises in Israel and their visas will be extended if they decide to establish start-up companies in Israel,” according to the ministry.
“Israel is known in the world as a center of innovation and development and we must retain this position. The innovation visa will enable foreign entrepreneurs from all over the world to develop new ideas in Israel and this will help the local market grow and improve our standing in the world,” said Economy Minister Arye Deri.
Jerusalem Post – saw it courtesy of Roman Rytov