The International Entrepreneur Rule was set to go into effect on July 17, 2017. However, with a turn of events, the Department of Homeland Security made the decision to delay the date in which the rule would go into effect until March 14, 2018. The decision to delay the effective date was made because the new administration wanted to review the International Entrepreneur Rule as it was initially made under the previous presidential administration and the two groups have different views. The initial International Entrepreneur Rule would allow investors or entrepreneurs from other countries that have a business demonstrating the potential for rapid job creation and economic growth to temporarily come to the United States. These entrepreneurs who are accepted into the program would be allowed to stay in the United States in an effort to grow their business for a 30 month period. In addition, they may be permitted to apply for an extension for up to an additional 30 months time. This provision was aimed at individuals who seemed to have a successful start-up company that may find greater reciprocal success in the United States for both the U.S. economy and the investor themselves.
A recent decision by the U.S. District Court for the District of Columbia made the decision to vacate the ruling to delay the start date of March 14, 2018.
John Sesini is an experienced immigration attorney with offices in Green Bay and Milwaukee Wisconsin. If you have any questions regarding these matters, please contact the Sesini Law Group, S.C. and obtain your initial consultation.