May 9, 2018

DHS Moves One Step Closer to Rescinding International Entrepreneur Rule

Editor’s Note: For the future of entrepreneurship-based immigration, see CRE Petitions DHS for Rulemaking to Reform the EB-5 Program to Create Jobs in Rural America & Areas of High Unemployment.

From: Ogletree Deakins

Authors: Melissa Manna (Raleigh), Rebecca L. Sigmund (Greenville)

The U.S. Department of Homeland Security (DHS) has taken the first step on its path to rescinding the International Entrepreneur Rule (IER), a program that allows qualifying foreign entrepreneurs an opportunity to stay in the United States while building start-up businesses. The proposed rescission cleared the Office of Information and Regulatory Affairs (OIRA) on May 2, 2018. DHS is expected to publish a formal notice of the rule in the Federal Register in the coming weeks.

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