Entrepreneurship Insights

Immigrant Entrepreneurs: Key Country Profiles

Immigrants play an outsized role in American entrepreneurship. Although immigrants are about 13% of the U.S. population, they represent roughly 18% of small business owners and account for 30% of small business growth from 1990 to 2010.

18%
Small Business Owners
Immigrant share
30%
Business Growth
1990-2010 contribution
53%
Gas Station Owners
Foreign-born
49%
Grocery Store Owners
Foreign-born

Top Countries of Origin

Profiles of the top countries of origin for immigrant entrepreneurs, together accounting for the majority of immigrant-founded businesses in the U.S.

Mexico entrepreneurs
๐Ÿ‡ฒ๐Ÿ‡ฝ

Mexico

Mexican immigrants lead all other nationalities in U.S. entrepreneurship by a wide margin, constituting more than 1 in every 25 businesses nationwide.

Businesses
570,000+
Annual Income
$17 billion
Common Industries
ConstructionFood ServicesHospitalityTransportation
India entrepreneurs
๐Ÿ‡ฎ๐Ÿ‡ณ

India

Indian immigrants are a driving force in American entrepreneurship, particularly in technology and engineering fields, with 26% of immigrant-founded tech startups having an Indian founder.

Businesses
Tens of thousands
Annual Income
$9+ billion
Common Industries
TechnologyEngineeringE-commerceFranchises
China entrepreneurs
๐Ÿ‡จ๐Ÿ‡ณ

China

Chinese immigrants combine high rates of business ownership with a large immigrant population, resulting in substantial economic impact across traditional and tech sectors.

Businesses
Tens of thousands
Annual Income
$3.9 billion
Common Industries
RestaurantsImport/ExportRetailTechnology
South Korea entrepreneurs
๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

South Korean immigrants boast one of the highest entrepreneurship rates, with over 20% owning businesses and dominating niches like dry cleaning and nail salons.

Businesses
120,000+
Annual Income
$7.1 billion
Common Industries
Dry CleaningGroceriesBeauty SupplyNail Salons
Vietnam entrepreneurs
๐Ÿ‡ป๐Ÿ‡ณ

Vietnam

Vietnamese immigrants have emerged as a vibrant entrepreneurial community, with over 50% of all nail salons in the U.S. owned by Vietnamese Americans.

Businesses
100,000
Annual Income
$4.3 billion
Common Industries
Nail SalonsRestaurantsAuto RepairLandscaping
Cuba entrepreneurs
๐Ÿ‡จ๐Ÿ‡บ

Cuba

Cuban Americans have a long and successful track record in U.S. business, particularly in South Florida, where they have turned Miami into an entrepreneurial hotspot.

Businesses
75,000+
Annual Income
$3.7 billion
Common Industries
RestaurantsBakeriesRetailMoney Transfer
Guatemala entrepreneurs
๐Ÿ‡ฌ๐Ÿ‡น

Guatemala

Guatemalan immigrants are a significant and growing force in U.S. small business, often starting with little capital and serving both their diaspora and wider markets.

Businesses
50,000+
Annual Income
Significant
Common Industries
ConstructionCleaningLandscapingTrucking
El Salvador entrepreneurs
๐Ÿ‡ธ๐Ÿ‡ป

El Salvador

Salvadoran immigrants constitute one of the largest immigrant groups in the U.S. and have increasingly turned to entrepreneurship as a path to economic advancement.

Businesses
Tens of thousands
Annual Income
$2.2 billion
Common Industries
Home ServicesTransportationAuto RepairFood Service
Honduras entrepreneurs
๐Ÿ‡ญ๐Ÿ‡ณ

Honduras

Honduran immigrants exhibit a noteworthy entrepreneurial streak, with an above-average business ownership rate and growing presence in major metropolitan areas.

Businesses
Tens of thousands
Annual Income
Growing
Common Industries
ConstructionCleaningTruckingFood Businesses
Dominican Republic entrepreneurs
๐Ÿ‡ฉ๐Ÿ‡ด

Dominican Republic

Dominican immigrants have a strong entrepreneurial presence, particularly in East Coast cities, with iconic businesses like bodegas and beauty salons.

Businesses
40,000+
Annual Income
$2+ billion
Common Industries
BodegasBeauty SalonsTransportationConstruction

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