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U.S. Citizenship and Immigration Services has proposed a new rule aimed at making it easier for certain foreign entrepreneurs to obtain temporary permission to be in the United States to start or grow a business.
Background: The International Entrepreneur Rule, as it is called, is part of President Barack Obama’s executive actions on immigration, which were outlined in November 2014. USCIS Director León Rodríguez said the rule, when finalized, will help the economy by providing additional immigration options for foreign entrepreneurs who meet criteria for growth and job creation.
BAL Analysis: When finalized, the rule will provide a new path to the U.S. for foreign entrepreneurs who can demonstrate that their start-up can generate investment and create jobs. The key for applicants will be to demonstrate that their continued stay in the country will create a “significant public benefit,” as described above. Those with questions or who want to participate in the 45-day comment period should contact their BAL attorney as soon as possible.
This alert has been provided by the BAL Global Practice group. For additional information, please contact your BAL attorney.
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About Berry Appleman & Leiden LLP
Founded in 1980, Berry Appleman & Leiden (BAL) provides comprehensive global immigration services from seven offices across the U.S. and from offices in Geneva, London, Melbourne, Rio de Janeiro, São Paulo, Shanghai, Singapore and Sydney. BAL manages global visa matters and customized application approaches for work permits, business visas, and residence permits in more than 100 countries. With a single cost center for worldwide operations, BAL offers centralized management with regional and local support for the complete spectrum of global immigration matters.
Source: Berry Appleman & Leiden LLP
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