A bipartisan group of senators reintroduced a bill earlier this year that would create a startup visa for international entrepreneurs. It also creates a visa with a path to a green card for international students earning a master’s or higher STEM degree at U.S. universities. U.S. Senators Jerry Moran (R-Kan.), Mark Warner (D-Va.), Roy Blunt…
A federal judge ruled that the Trump administration can no longer delay the International Entrepreneur Rule. The judge ordered the administration to begin accepting applications under the rule, which allows startup founders to come to the U.S. to build their companies. The National Venture Capital Association (NVCA) along with entrepreneurs and companies sued the federal…
The Department of Homeland Security published its proposed International Entrepreneur Rule in the Federal Register today, kicking off a 45-day public comment period. Under the proposed International Entrepreneur Rule, United States Citizenship and Immigration Services (USCIS) would have the discretion to grant parole—or a temporary stay in the U.S.—to foreign entrepreneurs who create, oversee and…
Without 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…