New Rule for Business Immigration Takes Step Toward Welcoming Entrepreneurs

United States Citizenship and Immigration Services (USCIS) proposed a rule on immigrant entrepreneurship. The president of American Immigration Lawyers Association, (AILA) Bill Stock, stated that this is a “welcome step, as we saw countless missed opportunities for entrepreneurs due to outdated immigration laws.”

What is the proposed rule?

The rule would allow start-up founders a “parole” into the U.S. in order to grow their company and create jobs. Further, the start-up founders eligible must be able to show a significant public benefit to the U.S. from development of their new companies. The proposed rule follows President Obama’s November 2014 promise to use existing statutory authority to leverage current immigration laws to promote entrepreneurship and economic growth.