- 6/29/2015 11:55:56 AM
@WaqasAltaf, I guess it all depends on how one sees it. I work with several companies here in Thailand who refuse to pay any bribes at all, because in their view it will undermind their core values as a company. At the same time there are several others I work with who see it as part of doing business.
- 6/28/2015 2:58:46 AM
Bulk, there are many investors who feel more comfortable in giving bribe because it lets them bypass many controls and get things done expeditiously. Even in countries where processing is fast, checks are simultaneously made in order to avoid fraud investors etc.
- 5/31/2015 11:09:08 PM
Jamescon, yes. Monitoring is definitely a challenge as at the time of visa issuance when the peson has not already arrived, the government cannot be sure of its intention. A 6-month probation visa before an actual is granted might help but yes the resources need to be allocated for that too.
- by Jamescon, Editor
- 5/31/2015 8:25:13 PM
The tough part with these visas is how granular the government can get in defining what is right and wrong and what can the government can anticipate in terms of how the visa might be abused. Then, there is the challenge of allocating resources to investigate such abuses.
- 5/31/2015 1:49:29 PM
"foreign investors actually establishing companies in the US but but having most of the real work and most of the job growing taking place in their home countries through affiliated companies. That US presence not only allows the investor to live in the US as they please but, more important, their "US company" now has advantages when it comes to import/export regulations."
I think the problem is the conditions of investors' visas rather than the visas themselves. If the investment is just to make a headoffice with overseas manufacturing and backoffice then obviously the visa has been misused atleast from the perspective of the visa-issuing country. If the conditions are for e.g. minimum jobs offered or manufacturing facility(ies) established then the visa will be really effective.
- 5/31/2015 1:39:14 PM
Bulk, yup. Either way it is not a perfect world. In some countries, if there is no bribery, the bureaucracy is so slow that investment projects suffer while in some countries, bribery becomes a significant cost of investment.
- 5/6/2015 2:25:38 PM
@WaqasAltaf, In the middle is not bad, I guess its just out in the open here so it seems to be more than it is. Though I might be a bit scared of some of the more corrupt places.