An Indian entrepreneur inSwedenannounced that he is packing up his business in the country due to ahostile, dysfunctional immigrationand a fundamentally ‘xenophobic’ system. Abhijith Nag Balasubramanya, the founder and CEO of Hydro Space Sweden AB, in a LinkedIn post, announced that today, he was officially stepping down as founder and CEO of Hydro Space Sweden AB, adding that he has sold the company as he is being forced to leave the country by the end of this month. Balasubramanya said that this isn’t an exit by choice but is an eviction by an incompetent and increasingly hostile state apparatus.
In a LinkedIn post titled, "Where Innovation Goes to Die in Bureaucracy," Balasubramnaya said that he was officially stepping down as founder and CEO of Hydro Space Sweden AB as he has sold the company because he was forced to leave the country by the end of this month.
Indian entrepreneur Abhijith Nag Balasubramanya says forced to leave, close business
"This isn't an exit by choice. It is an eviction by an incompetent and increasingly hostile state apparatus. While our first harvest was being celebrated at ICA Kvantum and welcomed by the people of Skelleftea, Migrationsverket was busy dismantling my life. My experience with the Swedish Migration Agency wasn't just a bureaucratic hurdle, it was a masterclass in systemic dysfunction and unprofessionalism," Abhijith Nag Balasubramanya said.
"To potential investors and international founders: Consider this a final warning. The reality of the Swedish "startup-friendly" image is a facade. Behind it lies a Migration Agency characterized by: Gross Incompetence: I was handled by case officers with zero business acumen, incapable of understanding the financial structures or operational realities of a scaling startup," the Indian entrepreneur said.
Venting out his frustration further, Balasubramanya called out the Swedish system for "procedural cowardice" saying his "officer ignored repeated emails and explicitly refused to provide guidance on required documentation - only to mock my situation when the decision was finalised."
He also called out the system for "moving goalpost" strategy saying, "the agency cited one reason for rejection in preliminary correspondence, only to switch to an entirely different, contradictory reason in the final decree. This isn't oversight, it’s bad faith."
Accusing Sweden for systemic hostility, Balasubramanya said, "The current political climate has empowered a culture within these offices that treats international talent with open contempt rather than as a value-add to the economy."
"I built a fully operational company within 6 months that provided local jobs and fresh produce that aids towards making the North of Sweden food secure. In return, I was met with a lack of transparency and a total absence of human decency from Migrationsverket," he said.
"I do not have the energy or the desire to spend my capital fighting a legal battle against a system that is fundamentally broken and seemingly xenophobic," he added.
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