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USCIS Releases New Instructions Regarding Entrepreneur Parole

Update 1/3/2018: USCIS has released new instructions reducing the requirements initially listed. The lower requirements are reflected below.

On December 14, 2017, U.S. Citizenship and Immigration Services (“USCIS”) announced that it will accept applications for the new Entrepreneur Parole program. Through this program, entrepreneurs and their families can come to the U.S. for up to five years, in two thirty month increments.

Under newly released instructions from USCIS, entrepreneurs will need to own 10% of a start-up entity incorporated in the last five years. The entrepreneur will need to have some day-to- day role in the company, and the start-up will need to be capitalized by at least $250,000 U.S.-based private funding or $100,000 U.S. (Federal, State, or Local) government funding. Up to three entrepreneurs from each start-up can apply.

The start-up does not have to be related to your EB-5 project. If your EB-5 project does not meet these requirements, or if the project has already been used by three entrepreneurs, you have the option of starting a new compliant company or joining an already existing compliant company.

Additionally, family members can accompany the entrepreneur. We expect that spouses will be able to apply for work authorization. This means that if you qualify, this may help your family come to the United States while your EB-5 petition remains backlogged.

© Copyright 2013 - 2020 Miller Mayer LLP. All Rights Reserved.National Law Review, Volume VIII, Number 4
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About this Author

David J. Wilks, Miller Mayer, Immigration Litigation Lawyer, employment-based visas attorney
Associate

David J. Wilks is an Associate in Miller Mayer’s Immigration practice group.

Mr. Wilks’ practice focuses primarily on employment-based immigration. He has represented a wide range of clients, including universities, multinational corporations, health care institutions, small businesses and entrepreneurs in seeking immigrant and nonimmigrant status for individuals in diverse fields and specialties. Mr. Wilks has also provided immigration expertise relating to large corporate acquisitions, as well as assisted clients with I-9 compliance and family...

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