U.S. Citizenship and Immigration Services (USCIS) has announced that the Department of Homeland Security is withdrawing a 2018 notice of proposed rulemaking that sought to remove the International Entrepreneur (IE) program from DHS regulations. As a result, the IE parole program may serve as a viable option for certain foreign entrepreneurs.
Read MoreD&S Update: Delay of Effective Date of Final Rule on Parole for Start-Up Entrepreneurs
The Department of Homeland Security (DHS) has issued an update to the Federal Register postponing the effective date of the Final Rule on Parole for Start-Up Entrepreneurs until March 14, 2018.
Prior to the postponement, the rule was set to become effective next week, on July 17, 2017. Once effective, the rule would permit DHS to grant parole to qualified foreign entrepreneurs on a case-by-case basis where the entrepreneur can demonstrate, substantial and demonstrated potential for rapid business growth and job creation and that they would provide a significant public benefit to the United States.
According to DHS, this delay will provide an opportunity to obtain comments from the public regarding a proposal to rescind the rule pursuant to the Trump Administration's January 25, 2017 Executive Order, ‘‘Border Security and Immigration Enforcement".
Comments are due by August 10, 2017.
DHS Releases Final Rule Regarding Parole For Startup Entrepreneurs
This week the Department of Homeland Security (DHS) published a final regulation providing the Department the discretionary authority to grant parole to entrepreneurs of startup entities in order to increase and enhance entrepreneurship, innovation, and job creation in the United States.
The final rule adds new regulatory provisions which permit DHS to grant parole to qualified foreign entrepreneurs on a case-by-case basis where the entrepreneur can demonstrate, with respect to their startup entity, substantial and demonstrated potential for rapid business growth and job creation and that they would provide a significant public benefit to the United States.
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