In late August, U.S. Citizenship and Immigration Services (USCIS) unveiled proposed legislation granting immigrant entrepreneurs up to five years of work authorization in the United States.
“America’s economy has long benefited from the contributions of immigrant entrepreneurs, from Main Street to Silicon Valley,” said León Rodríguez, director of USCIS, in a statement. “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 International Entrepreneur Rule is part of President Obama’s 2014 executive action where he urged federal officials to develop a framework for an accessible path to U.S. work authorization for entrepreneurs. The proposal, which does not require congressional approval, is open to public comment for 45 days.
Foreign entrepreneurs whose entry into the United States to form or sustain a business would benefit the public due to rapid business growth and job creation.
The proposal includes an initial two years of work authorization and one three-year renewal.
It’s important to note that entry is only granted on a case-by-case basis, as determined by Department of Homeland Security officials.
Here are some requirements for entry:
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