How to apply for International Entrepreneur Program to the U.S.?

As per a News Release dated May 10, 2021, U.S. Citizenship and Immigration Services has announced that the Department of Homeland Security [DHS] will be “withdrawing a 2018 notice of proposed rulemaking” that suggested the removal of the International Entrepreneur program from DHS regulations.

With the DHS announcement, the International Entrepreneur [IE] parole program – introduced in 2017 – will remain a viable program for foreign entrepreneurs for creating and developing start-up entities with high-growth potential in the U.S.

As per USCIS, the International Entrepreneur parole program has been continued in recognition of the importance of immigrant entrepreneurs in the U.S.

The next generation of start-up leaders stand to benefit with the continuation of the IE parole program.

According to Acting USCIS Director Tracy Renaud, “The International Entrepreneur parole program goes hand-in-hand with our nation’s spirit of welcoming entrepreneurship and USCIS encourages those who are eligible to take advantage of the program.”

As per the IE program of the U.S., parole might be granted – for up to 3 entrepreneurs per start-up entity – along with their spouses and children.   Entrepreneurs that are granted parole under the IE rule are eligible for working in the U.S. only for their start-up business.   Spouses of such entrepreneurs might apply for employment authorization in the U.S.

IE parole is to be granted by the DHS on a case-by-case basis, for up to 3 entrepreneurs per start-up entity.

What is International Entrepreneur parole?   For the IE, the DHS might make use of its parole authority for granting a period of authorized stay to foreign entrepreneurs that are able to demonstrate that their stay in the U.S. would provide a “significant public benefit” through their business venture.

Eligibility

·       Possess a substantial ownership interest in a start-up entity created in the U.S. within the previous 5 years. ·       Have a central as well as active role in the start-up entity. ·       Will be providing a significant public benefit to the U.S. based on their being an entrepreneur of that start-up entity ·       Otherwise merit a favorable exercise of discretion.

How to Apply

·       Filing Form I-941, Application for Entrepreneur Rule ·       Filing Form I-131, Application for Travel Document ·       Filing Form I-765, Application for Employment Authorization

As per a U.S. study, immigrants were more “job creators” than “job takers”.

If you are looking to Study, Work, Visit, Invest or Migrate to the USA, talk to Y-Axis, the World’s No.1 Immigration & Visa Company.

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