The International Entrepreneur Rule is a new visa program that allows entrepreneurs to live and work in the U.S. This visa option gives entrepreneurs the ability to come to the U.S. for up to 5 years if they meet certain conditions.
You can find out more about the detailed International Entrepreneur Rule requirements by clicking here.
Another popular investor visa is the EB-5 Green Card/Visa. An EB-5 visa is available if you invest either $500,000 or $1,000,000 and create 10 full-time jobs.
You can find out more about the EB-5 visa by clicking here.
The International Entrepreneur Rule is very different from the EB-5 green card.
The table below describes some of the key features of each program:
|Topic /Question||EB-5 Green Card||International Entrepreneur Rule|
|How long is the visa/status issued for?||Green card is permanent.||30 Month initial grant with the ability to extend for another 30 months if certain criteria have been met.|
|Is there an investment amount requirement?||$500,000 or $1,000,000 depending on where the business is located.||Investment amount is not specific but if qualifying based on investment, then the investment amount must be $250,000 from a qualified investor.|
|Does the investment have to be made by the entrepreneur?||Yes||No. The entrepreneur does not have to invest anything.|
|Does the entrepreneur have to have an active role?||Yes but not that active.||Yes|
|How many jobs must be created?||10 Full-time Jobs||No set amount but the business must be set up to create jobs. One of the ways to renew is to create 5 full-time jobs.|
|Who must be hired?||Green Card Holders or Citizens||No specific requirements but the workers have to be in the U.S.|
|Can you obtain the immigration benefit if you purchase an existing business?||No||This immigration benefit is usually obtained when the business is a start up that requires investors|
|Do you need a business plan?||Yes||Yes|
|Do you have to show where the money came from?||Yes. EB-5 has a strict source of funds requirements.||No|
|Who must own the company?||Investor must have some equity interest but it can be very small (eg. less than 1%)||Entrepreneur must own at least 10% of company initially.|
|Is there a nationality requirement?||Yes||No|
|Does the status lead to a green card?||No||No|
|How are family treated?||Spouse and children under 21 can come to the U.S. Both can go to school but only spouse can apply for work authorization.||Spouse and children under 21 can come to the U.S. Both can go to school but only spouse can apply for work authorization.|
|Forms filed||DS-160 or I-129||I-941|
|Level of Complexity of the Visa Process||Complex||Moderate|
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