That exceptional labor either moves to other businesses locally (good for the local economy) or it goes back home and you're back to where you were. Not sure what the downside is here?
Educated, hardworking people are always a fantastic asset to any country. They're not the ones you need to be worried about no matter what the economic condition. This isn't about bringing in a lot of migrant farmers for permanent citizenship.
My suggestion:
New VISA. Similar requirements and restrictions as an H1-B (educated, employment based, dual intent so can be switched to a green card with enough time). Only companies (no subsidiaries) with more than 3 employees or 500K in the bank and less than 500 employees can apply. Don't have the same timing as an H1-B, make it like the O1 where visas can be processed and granted year round.
Educated, hardworking people are always a fantastic asset to any country. They're not the ones you need to be worried about no matter what the economic condition. This isn't about bringing in a lot of migrant farmers for permanent citizenship.
My suggestion: New VISA. Similar requirements and restrictions as an H1-B (educated, employment based, dual intent so can be switched to a green card with enough time). Only companies (no subsidiaries) with more than 3 employees or 500K in the bank and less than 500 employees can apply. Don't have the same timing as an H1-B, make it like the O1 where visas can be processed and granted year round.