In this week’s Immigration Law for Tech Startups podcast, I’m taking a deep dive into the International Entrepreneur Parole, specifically, its regulations, what makes a qualified investor and a qualified investment, as well as the criteria for government awards or grants.
IEP is a two and a half-year program with a two and a half-year renewal that allows you to come to the U.S. for up to five years total. Your spouse can get a work permit and you can apply for some other type of visa or green card in the U.S. before, during or after you have an IEP. There are a few basic requirements. You must have a U.S. startup or a business entity, own at least 10% of it, and play a role in your business, and be able to present evidence that your startup has the potential for growth.
If you need more context, be sure to listen to Episode 73 and a better understanding of what it is and its history, as this episode is going to be more of a nuanced, deep-dive into IEP.
Please share this episode with companies, HR and recruiting professionals, startup founders, international talent, or anyone who can benefit from it. Sign up for the Alcorn monthly newsletter to receive the latest immigration news and issues. Reach out to us if we can help you determine the best immigration options for yourself, your company, your employees or prospective employees, or your family whether in the U.S. or abroad.
In this episode, you’ll hear about:
- Definition of a qualified investor
- Two basic requirements they must have done in the past 5 years
- Employee requirements
- What makes a qualified investment and what doesn’t count
- Criteria for government awards and grants
Don’t miss my upcoming conversations with top Silicon Valley venture capitalists, startup founders, professors, futurists, and thought leaders on Immigration Law for Tech Startups. Subscribe to this podcast here or on Spotify, Apple Podcasts, Google Podcasts, or whatever your favorite platform is. As always, we welcome your rating and review of this podcast. We appreciate your feedback!
Alcorn Immigration Law:
- Subscribe to the monthly Alcorn newsletter
- Immigration Law for Tech Startups podcast:
- Episode 41: Investing in Immigrant Entrepreneurs with VC Carmen Pallafox
- Immigration Options for Talent, Investors, and Founders
- Immigration Law for Tech Startups eBook
- Extraordinary Ability Bootcamp course for best practices for securing the O-1A visa, EB-1A green card, or the EB-2 NIW (National Interest Waiver) green card—the top options for startup founders. Use promotion code ILTS for 20% off the enrollment fee.
Also published on Medium.