November 22, 2017

Trump administration starts push to officially rescind ‘startup visa’ rule

Editor’s Note: See, Should the EB-5 Investor Visa Program Recognize Cyber Workers?

From: San Francisco Chronicle

By Trisha Thadani


The rule, which is the closest Silicon Valley has come to a visa for entrepreneurs, was approved by the Department of Homeland Security during President Barack Obama’s last few hours in office. But a week before it was set to go into effect in July, the Trump administration delayed it with the intent to rescind it altogether.

The notice to officially rescind the rule, colloquially known as the “startup visa” rule, was posted on the Office of Information and Regulatory Affairs website Friday. This means a draft to officially rescind the rule is currently being reviewed by the administration, and will likely be published in the Federal Register in the coming days.

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