USCIS Proposes Rescission of International Entrepreneur Rule

5/31/2018
CFGI

‚ÄčThis week, USCIS published a proposed rule to rescind the USCIS International Entrepreneur Rule, which created a new form of parole for entrepreneurs to allow them to work and grow their business in the U.S. Under the current rule, DHS may grant parole, on a case-by-case basis, to "foreign entrepreneurs who demonstrate that their stay in the United States would provide a significant public benefit through the potential for rapid business growth and job creation."

In July 2017, just before the rule was to go in effect, DHS issued a rule delaying implementation. However, a court decision vacated the delay, and USCIS ultimately began accepting applications in December. While CFGI is aware of a small number of applications having been filed, CFGI is not aware of any having been adjudicated.

USCIS is accepting comments on the proposed rescission rule through June 28. After the comment period, it would likely be several months before a final rescission rule would be issued.