Are you a foreign entrepreneur who wants to start a business in the United States?
The Department of Homeland Security (DHS) recently published the New International Entrepreneur Rule to allow certain promising start-up founders to grow their companies within the United States and help improve the U.S. economy through increased capital spending, innovation and job creation. The rule is effective July 17, 2017, and it allows DHS to use its "parole" authority to grant a period of authorized stay, on a case-by-case basis, to foreign entrepreneurs who demonstrate that their stay in the United States would provide a significant public benefit through the potential for rapid business growth and job creation. Eligible entrepreneurs may be granted up to 30 months of lawful status, with the possibility of extending their status by up to 30 additional months if they meet certain criteria.
Because the Trump administration has already restricted some forms of immigration, there is some uncertainty about whether programs like the New International Entrepreneur Rule could be changed in the future. Given that uncertainty, international entrepreneurs may consider whether they want to advance plans to take advantage of the New International Entrepreneur Rule.
An international entrepreneur would need to meet the following criteria to obtain a visa:
If you are an international entrepreneur interested in taking advantage of the New International Entrepreneur Rule, contact firstname.lastname@example.org for additional information.