The United States Department of Homeland Security (DHS) has introduced the “International Entrepreneur Rule” which, if finalized, would grant parole (temporary permission to be in the United States) to foreign entrepreneurs.
To qualify under the new rule, an entrepreneur’s new U.S. businesses would have to provide a significant benefit to the public through the creation of jobs or the development of new technologies and cutting-edge research. Among those who could potentially benefit from this rule are inventors, researchers and founders of start-up companies.
Under the proposed rule, a foreign national would be granted an initial stay of two years and would be eligible for an additional period of authorized stay, if DHS deems that the entrepreneur continues to provide a public benefit to the United States. The rule will be published in the Federal Register before it can take effect.
This summary was prepared using information from National Archives and Records Administration: 81 Fed. Reg. 60130 (Aug. 31, 2016).
Disclaimer: The above information is provided for general information purposes only and should not be construed as legal advice. If you have any further inquiries regarding the applicability of this information, please contact Fabiana Reyes, Regional Immigration Managers, Americas: email@example.com.