The International Entrepreneur Rule has not yet been published in the Federal Register. However, I’ve extracted the text from the proposed rule from U.S. Citizenship and Immigration Services (USCIS). Once the rule is published in the Federal Register, the public will have 45 days to comment before it goes into effect. The Department of Homeland…
DetailsThe Obama administration used discretionary parole authority to pave the way for thousands of entrepreneurs to gain admittance into the U.S. under the International Entrepreneur Rule that was proposed today. What is Parole? Parole—or temporarily admitting a foreign national into the U.S. who does not meet the requirements for a visa—is typically used in humanitarian cases or in situations where entry would bring a…
DetailsThe Obama administration proposed a new rule that opens the door for foreign entrepreneurs to create a startup business in the U.S. even if they are ineligible for a visa. What is Parole? Under the proposed rule, United States Citizenship and Immigration Services (USCIS) would have the discretion to grant parole to foreign entrepreneurs. Parole is a temporary…
DetailsForeign entrepreneurs would be allowed to create and grow their startup in the U.S. under the proposed International Entrepreneur Rule. But because entrepreneurs will not receive a visa, obtaining a green card will still require long-term planning and maneuvering. International Entrepreneur Rule Under the proposed International Entrepreneur Rule, foreign entrepreneurs or startup founders would be eligible for parole,…
DetailsWithout the proposed International Entrepreneur Rule, which gives temporary permission to foreign founders to create their startups in the U.S., those founders faced a chicken-and-egg problem. Startup founders need to prove to angel investors and venture capitalists that their immigration status is figured out before they get funded. Investors don’t want to worry that a startup founder…
DetailsThis morning the White House announced the “startup visa,” which is formally called the International Entrepreneur Rule. You can find the 155-page text of the proposed rule here. The White House explains the proposed rule on Medium and it posted a blog by Max Levchin, co-founder of Paypal and other successful startups. We wrote about…
DetailsLast November, we pointed out that the Obama administration was finally making plans to implement the “startup visa” that was announced in the President’s 2014 speech that touched on immigration reform. A source close to the White House indicated that tomorrow the startup visa regulations might actually be announced. On August 1st, the Office of Management and…
DetailsSome U.S. visas and green cards are based on the premise that the U.S. economy benefits from capital contributed by foreign investors. The E-2 visa for treaty investors and the EB-5 immigrant investor green card fall into this category. Both the E-2 and EB-5 enable foreign investors to live and work in the U.S. Still,…
DetailsAre you an extraordinary foreign national—or are you looking to hire one? The best and brightest from abroad can get O-1 visas quickly to live and work in the U.S. if they have an employer sponsor. The EB-1A green card provides the next step for O-1 visa holders who want to stay permanently in the U.S.,…
DetailsHave questions about the immigration options for yourself or your employees? If so, join me at Silicon Valley Startup: Idea to IPO’s event tomorrow evening. I’ll discuss what you or your company need to know to navigate the complex world of U.S. immigration law. For more info or to register click below. Immigration Law Options for Founders,…
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