The Trump administration has officially moved to scrap the International Entrepreneur Rule, which was finalized in the final days of Barack Obama’s presidency and would have granted qualifying foreign entrepreneurs permission to remain temporarily in the U.S. to grow their startup businesses.
Background: The International Entrepreneur Rule was published in the Federal Register Jan. 17, 2017, and would have granted qualifying foreign entrepreneurs permission to remain temporarily in the U.S. to grow their startup businesses. Applicants would have been required to meet minimum requirements for capital investments or government grants and to demonstrate that their startup would have provided a significant public benefit through rapid growth and job creation in the U.S. Shortly after President Trump took office, the administration signaled it would scrap the rule, consistent with Trump’s harder line on immigration and his push to reverse a number of Obama administration immigration policies.
BAL Analysis: BAL supported the International Entrepreneur Rule and advocated to keep it in place. The administration’s move to eliminate the rule is unsurprising, however, especially after it delayed the implementation of the rule earlier this year. BAL will continue to follow the administration’s push to repeal the rule and will alert clients to any significant developments, including any opportunities to provide comment once the formal notice and comment period opens.
This alert has been provided by the BAL U.S. Practice group. For additional information, please contact firstname.lastname@example.org.
Copyright © 2017 Berry Appleman & Leiden LLP. All rights reserved. Reprinting or digital redistribution to the public is permitted only with the express written permission of Berry Appleman & Leiden LLP. For inquiries please contact email@example.com.
H-1B and H-2 modernization, fee hikes and changes to the green card process top the Biden administration’s regulatory priorities...
The Vietnamese government recently introduced a new labor market testing requirement for companies requesting approval for foreign labor.
Chinese officials announced the expansion of its unilateral visa-free policy to six countries: France, Germany, Italy, Malaysia, the Netherlands...
Chinese officials announced new visa policies for foreign residents of Macao. Key Points: Foreign residents of Macao are now