Hey Peter, I am the Co-founder and CEO of an early stage start-up incorporated in Delaware. I am originally from Bangladesh and have just closed our pre-seed round of $300k from an investor in the United States. Which of the following options would be the best for me? 1. International Entrepreneur Parole: Raised >$250k so should be eligible. 2. O1: By my understanding, I meet the following criteria: Award- $300k USD…
I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
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Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#52Hi Peter, Taking a look at the IEPP webpage, I saw some vagueness that is common when looking at entrepreneurship visa programs in the US and elsewhere, for example: "The start-up entity has received a significant investment of capital from certain qualified U.S. investors with established records of successful investments;" In this context, what is "significant investment?" 100K? 1M? 10M? In this context, what is a…
These terms are actually defined in the regulations.
Substantial Investment is $250K of funding or $100K of grants (Just YC funding would not be enough to qualify on funding)
The qualified investor must be a US person or entity who regularly makes this type of investment, has invested $600K in the past 5 years, and their investments have created 5 qualified jobs in the US. So it looks like most VCs and some larger angels would qualify.
Edit: source: https://www.uscis.gov/sites/default/files/document/forms/i-9...
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#53Thank you so much for sharing your time with immigrants - hopefully there are more clear skies going forward for us. I'm currently looking at expediting my EAD (spousal) by means of a job offer. I've done a good amount of research, but would love to know if you've seen anything improve the odds of EAD expedite. Have a great weekend!
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#54Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#55Hey Peter, D you happen to know how long the processing time for IEPP might be?
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#56Hey Peter, after a deportation for visa overstay on B-2 (6 months allowed-canada, 3 months over) - is there any recourse? Does I-212 ever work?
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#57Earlier quoted context omitted.
These terms are actually defined in the regulations.
Ok cool, for others reading I found it: Substantial Investment is $250K of funding or $100K of grants (Just YC funding would not be enough to qualify on funding) The qualified investor must be a US person or entity who regularly makes this type of investment, has invested $600K in the past 5 years, and their investments have created 5 qualified jobs in the US. So it looks like most VCs and some larger angels would qu…
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#58Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#59Earlier quoted context omitted.
That's right, sometimes where clear USCIS error is involved, USCIS will expedite the processing of an I-131.
That's good to know. Is it something I should get a lawyer for, or is it fairly straightforward to submit one?
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#60Now can they go back to US on a J1 visa, is it possible ? Can they apply for H1b non exempt positions (those which aren't subjected to lottery) instead and if not. What would be the best course of action generally do to ensure they get some kind of working visa in US assuming they have B1/B2 visiting visa.
Thanks in advance.