The U.S. Department of Homeland Security (DHS) has recently updated its guidance for entrepreneurs applying under the International Entrepreneur Rule. This rule allows foreign entrepreneurs to stay in the United States if their business provides significant public benefit. The new guidance clarifies the types of evidence applicants can use to support their applications.
Key Points of the New Guidance
The updated guidance provides detailed information on the evidence required for applicants. It specifies what entrepreneurs need to show to demonstrate their active role in their startup and their ability to help the business grow. Additionally, it outlines the types of investments and government grants that qualify, as well as alternative evidence that can be submitted. The guidance also clarifies what constitutes a significant public benefit.
The new guidance is effective immediately. It applies to all applications that are currently pending or filed on or after December 12, 2024. Entrepreneurs planning to apply under the International Entrepreneur Rule should review this updated guidance to ensure their applications meet the new requirements.
Conclusion
The DHS’s updated guidance provides valuable information for international entrepreneurs seeking to establish their startups in the United States. By clarifying the types of evidence required, the guidance helps applicants better prepare their applications, increasing their chances of success. Entrepreneurs are encouraged to review this guidance carefully to understand the requirements and strengthen their applications.