The International Entrepreneur Rule is a new immigration category that is available to entrepreneurs who start a business in the U.S. that has a benefit to the U.S. An entrepreneur can obtain this immigration benefit for an initial period of 2.5 years if they meet certain requirements.
- You can find a summary of the International Entrepreneur Rule requirements here.
- You can find common questions and answers for the International Entrepreneur rule part 1 here.
- You can find common questions and answers for the International Entrepreneur rule part 2 here.
To renew the Parole status for an additional 30 months, the entrepreneur must meet the following conditions:
- The business is still a start-up entity as defined above (created within the last 5 years)
- The applicant is still well positioned to advance the business
- Continues to own at least 5%
- Continues to have an active role in the business
- Entity still has potential for rapid grown and job creation
- There are a number of ways to satisfy the rapid growth criteria and to show job creation
- Additional investment or grants ($500,000) during the initial parole period
- Revenue generation (at least $500,000 with average annualized revenue growth of at least 20 percent during the initial parole period)
- Job creation – created 5 full-time jobs during the initial parole period.
Alternate Criteria:
- Demonstrating economic benefit
- Demonstrating that employees may be hired soon
- Press coverage
- Expert opinion letters
