New Study Shows Smarter Tourist Visa Laws Would Add More Than $7.5 Billion in Revenue and 50,000 Jobs Within Five Years

The Partnership for a New American Economy today released a new study showing how expanding the Visa Waiver Program to six new countries – Brazil, Hong Kong, Israel, Poland, South Africa, and Turkey – would result in $7.66 billion additional spending and 50,000 American jobs within five years.

“Expanding the number of Visa Waver Program countries could significantly impact the amount of international visitation we receive,” said Bill Malone, President and CEO of the Park City Chamber/Bureau. “With nearly 10% of our winter visitors coming from abroad; making it easier for guests to come and spend money in Park City would be a big boost to our local economy.”

“Our industry has been growing by 3% each year. We are a constant source of employment and economic opportunities. Current Utah demographic data clearly shows that we will need immigrants to make sure that our economy continues growing. Our industry is greatly affected and tied to tourism,” said Melva Sine, President and CEO of the Utah Restaurant Association.  “Expanding the Visa Waiver Program would support our economy and continue to build valuable jobs. Additionally, the economy depends on sensible and meaningful reform. Immigration policy has been neglected for too long. The Utah Restaurant Association firmly supports sensible immigration reform.”
The Partnership also released a new ad in its series highlighting the need for immigration reform across broad sectors of the economy. This ad showcases the role of international tourists as significant revenue generators and American job creators. 
The ad, which premiered today, will play in the following locations:
·         Washington D.C. taxis
·         Washington D.C. airports
·         Movie theatres in 8 key congressional districts
·         On Facebook and Twitter
Key findings from the report include:
·         The Visa Waiver Program has a meaningful impact driving increases in U.S. tourist volumes. Our analysis found that when a typical country joins the Visa Waiver Program, it sees a notable increase in the number of tourists who chose to visit the U.S. in the immediate years that follow. Over the course of its first five years in the program, the number of tourists arriving from a participating country rises by 16.4 percent.
·         If a handful of trusted countries currently being evaluated for membership in the Visa Waiver Program were to gain entry in 2015, the impact on U.S. tourism volumes would be sizeable. If just six countries—Brazil Hong Kong, Turkey, Israel, South Africa, and Poland—were to gain entry into the Visa Waiver Program in 2015, more than 600,000 additional travelers from those countries would visit America in the year that followed. Between 2015 and 2019, an estimated 1.7 million more residents of these areas would arrive in the U.S. as tourists than would have otherwise.
·         Expanding the Visa Waiver Program would support our economy and create valuable jobs. Expanding the Visa Waiver Program to the six countries outlined above would result in $7.66 billion in additional tourist spending within a five-year period. It would also create at least 50,000 American tourism jobs within five years.
Read the full report, “Passport to Future Economic Growth: How Expanding the Visa Waiver Program Will Strengthen the U.S. Economy and Create American Tourism Jobs,”here