Nelson and Nunez, P.C.
  • HOME
  • ABOUT
  • BLOG
    • IMMIGRATION RESOURCES >
      • Legal Links
      • List of Immigration Website Resources
  • SERVICES
    • Family Based Immigration
    • Employment/Investor Based Services
    • Deportation
    • Other
  • TESTIMONIALS
  • CONTACT
  • FEATURED
    • I-601A Provisional

USCIS Proposes New Rule to Encourage Foreign Entrepreneurs in the U.S.

8/26/2016

0 Comments

 
WASHINGTON—U.S. Citizenship and Immigration Services (USCIS) is proposing a new rule, which would allow certain international entrepreneurs to be considered for parole (temporary permission to be in the United States) so that they may start or scale their businesses here in the United States.
Read the advance version of the notice of proposed rulemaking: International Entrepreneur Rule. Once the notice of proposed rulemaking is published in the Federal Register, the public will have 45 days from the date of publication to comment. To submit comments, follow the instructions in the notice.

“America’s economy has long benefited from the contributions of immigrant entrepreneurs, from Main Street to Silicon Valley,” said Director León Rodríguez. “This proposed rule, when finalized, will help our economy grow by expanding immigration options for foreign entrepreneurs who meet certain criteria for creating jobs, attracting investment and generating revenue in the U.S.”

The proposed rule would allow the Department of Homeland Security (DHS) to use its existing discretionary statutory parole authority for entrepreneurs of startup entities whose stay in the United States would provide a significant public benefit through the substantial and demonstrated potential for rapid business growth and job creation. Under this proposed rule, DHS may parole, on a case-by-case basis, eligible entrepreneurs of startup enterprises:

- Who have a significant ownership interest in the startup (at least 15 percent) and have an active and central role to its operations;
- Whose startup was formed in the United States within the past three years; and
- Whose startup has substantial and demonstrated potential for rapid business growth and job creation, as evidenced by:
           ->Receiving significant investment of capital (at least $345,000) from certain qualified U.S. investors with established records of successful investments;
           ->Receiving significant awards or grants (at least $100,000) from certain federal, state or local government entities; or
           ->Partially satisfying one or both of the above criteria in addition to other reliable and compelling evidence of the startup entity’s substantial potential for rapid growth and job creation.

Under the proposed rule, entrepreneurs may be granted an initial stay of up to two years to oversee and grow their startup entity in the United States. A subsequent request for re-parole (for up to three additional years) would be considered only if the entrepreneur and the startup entity continue to provide a significant public benefit as evidenced by substantial increases in capital investment, revenue or job creation.


0 Comments



Leave a Reply.

    RSS Feed

    Author

    Jay authors these blog postings. Please contact Jay with any questions.

    Archives

    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    May 2015
    April 2015
    November 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014

    Categories

    All
    245i
    Adjustment Of Status
    Artist
    Attorney General Eric Holder
    BIA
    Border
    Border Enforcement
    Border Security
    Cancellation Of Removal
    Chile
    Ciudad Juarez
    Conditional Green Card
    Conditional Permanent Resident
    Congress
    Consular Processing
    Crime Of Moral Turpitude
    DACA
    Deportation
    Detention
    DOJ
    Domestic Abuse
    Domestic Violence
    El Paso
    Employment-based
    EOIR
    ESTA
    EWI
    Executive Action
    Expertise
    Extraordinary Ability
    Extreme Hardship
    Fiance Visa
    Good Faith Marriage
    Green Card
    I-129F
    I 130
    I-130
    I 360
    I-360
    I 485
    I-485
    I601
    I 601A
    I-601A
    I 751
    I-751
    I-824
    Immigrant Child
    Immigration Attorney
    Immigration Court
    Immigration Lawyer
    Immigration Reform
    Interview
    John Boehner
    K-1 Visa
    LGBT
    Lost Passport
    Lost Visa
    Manila
    Marriage
    Marriage Based
    Marriage-based
    Marriage To US Citizen
    Mexico
    Military
    Military Parole In Place
    Motion To Change Venue
    Musician
    National Visa Center
    Naturalization
    O 1 Visa
    O-1-visa
    Orange County
    Permanent Resident
    President Obama
    Provisional Waiver
    Removal Of Conditions
    Republicans
    Same Sex Marriage
    Senate
    Spouse
    Television
    The Nunez Firm
    USCIS
    U Visa
    VAWA
    Vermont Service Center
    Visa
    Visa Bulletin
    Visa Petition
    Visa Waiver Program
    Waiver
    Windsor
    Work Authorization

    RSS Feed

Quick Links

Home
About
Testimonials
Blog
Contact

Services & Information

DACA
Deportation Defense
I-485 Adjustment of Status
I-130 Visa Petition
Domestic Abuse Visa
Fiance Visa
I-601A
Labor Certification/PERM
O-1 Visa
H-1b Visas
E-2 Visa
I-751
N-400 Naturalization
 
Cancellation of Removal
Same Sex Marriage
U Visa
Extreme Hardship Waiver
INA 245(i)

Contact Us

Nelson & Nuñez, P.C.
1500 Quail St., Suite 260
Newport Beach, CA  92600


TEL:  949.833.2616
FAX:  949.851.8954
Join Our Email List
CONTACT
Website Policies and Terms of Use

Copyright 2015   |   All Rights Reserved   |  Nelson & Nuñez, P.C.  |   Website by iTrust Marketing