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USCIS Proposes Rule to Welcome International Entrepreneurs

uscis.gov

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Re: USCIS Proposes Rule to Welcome International Entrepreneurs

#11

Post by tlb »

lawnchair_larry wrote: post #6

Unfortunately wealthy foreigners are just going to abuse the hell out of this to drive up real estate prices.

The sponsors of the legislation did think hard about this obvious issue and believe they've addressed it (I talked to several people involved). They learned a lot from the EB-2 and EB-5 visa processes, which were sometimes abused by people who weren't really here to create viable businesses. Do you have more specifics about what you think they missed?

Re: USCIS Proposes Rule to Welcome International Entrepreneurs

#12

Post by nullcipher »

This is a great step forward. I actually like the idea of parole rather than a proper visa upfront. First, get entrepreneurs to US and let them show their skills. If they succeed, they can always apply for GC directly through the existing outstanding skills category or take an investor visa.

Re: USCIS Proposes Rule to Welcome International Entrepreneurs

#15

Post by yranadive »

" A subsequent request for re-parole (for up to three additional years) would be considered only if the entrepreneur and the startup entity continue to provide a significant public benefit as evidenced by substantial increases in capital investment, revenue or job creation."

How will they measure this? It's so subjective.

Re: USCIS Proposes Rule to Welcome International Entrepreneurs

#16

Post by slededit »

runesoerensen wrote: post #8

It's pretty cool that they're proposing parole rather than an actual visa - I never thought of that possibility, but it seems to fix a lot of policy-related issues, such as visa caps, and allow qualifying entrepreneurs faster entry. Might short-circuit the process and we don't have to wait for politicians to agree that a founder visa makes sense. Founders also wouldn't have to get a certified LCA or meet minimum wage…

Parole is a terrible experience on the ground. Yea you get into the states, but you'll be sent to secondary every time you cross the border while they validate your parole status.

It seems to be a trend for the US to make the immigration experience more and more demeaning in practice.

Re: USCIS Proposes Rule to Welcome International Entrepreneurs

#18

Post by cloudjacker »

mitoyarzun wrote: post #14
lawnchair_larry wrote: post #6

Unfortunately wealthy foreigners are just going to abuse the hell out of this to drive up real estate prices.

Wealthy foreigners have other/better means to get residence.

Second passport woop woop

Borrow against your Google shares and make it rain on the State Department!

Re: USCIS Proposes Rule to Welcome International Entrepreneurs

#19

Post by gorbachev »

What happens, if you get one of these paroles, but your business falls apart for whatever reason within the first two years?

There doesn't appear to be any specific language in the actual document outlining the rules changes, but it does say DHS would retain the right to terminate the parole at any time without prior notice and in DHS' discretion (pg. 84 in the PDF).

Looks like a little bit of gray area, unless there is some language in there about the parolees responsibilities to maintain the conditions under which the parole was granted and consequences if the parolee does not. I couldn't see anything like that during a quick read through the document.

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