The International Entrepreneur Rule (https://www.uscis.gov/sites/default/files/USCIS/Laws/Articles/FR_2016-20663_793250_OFR.pdf) is finally (almost) here! U.S. Citizenship and Immigration Services (USCIS) is proposing a new rule, which would allow certain international entrepreneurs to be in the United States so that they may start or scale their businesses here in the United States. 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. This period can be extended for up to three additional years 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. USCIS will decide this on a case-by-case basis.
At The Law Offices of Sweta Khandelwal, we are really excited about this announcement. We have been figuring out creative ways to help foreign entrepreneurs find the right work visa to start and grow their ventures in the US. This rule will provide entrepreneurs the freedom and flexibility that was lacking so far with the other visa options. If you are a foreign entrepreneur looking to start your business, contact us to learn more!
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