International Entrepreneur Rule News and Updates
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For foreign entrepreneurs looking to establish their business in the U.S., the International Entrepreneur Rule (IER) provides a unique opportunity to grow your startup in one of the world’s most dynamic markets. However, with recent updates to the monetary requirements to the rule, it’s essential to stay informed on the latest international entrepreneur rule news to ensure you are meeting all requirements.
This blog post dives into the international entrepreneur rule update, explaining key changes, how they affect your application, and what you can do to stay ahead.
What Is the International Entrepreneur Rule?
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The IER allows foreign entrepreneurs who have a substantial ownership interest in a startup to live and work in the U.S. for a period of time while they build their businesses.
This program is aimed at entrepreneurs who can prove their startup has the potential for rapid growth and the ability to generate jobs and revenue in the U.S. economy.
Learn more about the International Entrepreneur Rule in our comprehensive guide.
International Entrepreneur Rule News: The Latest Updates in 2025
Increased Investment and Revenue Thresholds
One of the key changes in the international entrepreneur rule news is the adjustment to the minimum investment and revenue thresholds. Effective October 1, 2024, entrepreneurs seeking to qualify for the IER must demonstrate a higher level of investment and revenue generation.
Increased investment requirements*
The required investment amount has been raised, meaning entrepreneurs will need to show a greater financial commitment to their businesses.
If via an investment from a qualifying investor: | $311,071 investment |
If via a government award or grant: | $124,429 investment |
For those “extending” / “re-paroling”: | $622,142 investment |
*Data as of Q1, 2025
More flexibility for early-stage companies
There is now more flexibility for early-stage companies that haven’t yet reached profitability but show strong growth potential.
These changes are designed to attract higher-impact entrepreneurs who can make a significant contribution to the U.S. economy.
In addition, the 2024 updates highlight that the Department of Homeland Security (DHS) will prioritize businesses that have the ability to generate substantial economic impact, including creating jobs for U.S. workers.
Late 2024 Updated Policy Guidance on USCIS International Entrepreneur Rule Evidence
USCIS also released an updated policy that clarifies how entrepreneurs should provide USCIS international entrepreneur rule evidence. This new guidance clarifies how entrepreneurs should provide USCIS international entrepreneur rule evidence, helping applicants understand exactly what documentation is required to support their application.
- Business ownership: Entrepreneurs will need to submit more detailed documentation proving their ownership of the business, especially for newer startups.
- Growth potential and impact: Entrepreneurs will be asked to show evidence of how their business could generate revenue and jobs within the U.S. economy, through financial projections, market research, and plans for scalability.
- Supporting evidence digitally: USCIS now provides more flexibility for submitting supporting evidence digitally, particularly for applicants outside the U.S.
Priority Processing For High Impact Startups
One of the most notable late 2024 updates to the international entrepreneur rule is the ability to request discretionary priority processing for high-impact startups.
Under the new rules, startups that have received a certain level of funding, demonstrated significant economic impact, or shown substantial growth potential will be fast-tracked through the application process.
Navigating the International Entrepreneur Rule Application Process
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Step 1: Meet Eligibility Requirements
To apply for the IER, you must demonstrate that your startup meets specific criteria. This includes showing substantial ownership, investment, and potential for growth. Be prepared to submit detailed financial and well-researched evidence to prove that your business is a high-impact venture. The most difficult evidence is generally proof of the investors’ status as a ‘qualified’ investor.
Step 2: Submit Your Application
Once you’ve gathered the necessary documents, you can submit your application to USCIS. This includes financial records, business plans, and other supporting evidence that shows your startup’s potential to contribute to the U.S. economy.
Step 3: Biometrics Appointment (if applicable)
If you’re applying from outside the U.S., you may need to attend a biometrics appointment as part of your application process. This helps USCIS verify your identity and process your application.
Step 4: Await Approval
Once your application is submitted, you’ll need to wait for the relevant agencies to review your case. If approved, you’ll be granted a temporary work authorization to stay in the U.S. and develop your business.
Step 5: Extend Your Stay
If your business is growing successfully, you can apply for an extension of your stay under the IER, allowing you to continue building your company in the U.S. for additional years.
What happens if you’re not approved under the International Entrepreneur Rule?
If your IER application is not approved or you are not selected, there are still options to explore. You may consider other visa opportunities such as the O-1 visa for individuals with extraordinary abilities or the L-1 visa for intra-company transferees.
Manifest Law can help you assess these options and keep your entrepreneurial goals on track, regardless of the outcome of your IER application.
How Manifest Law Can Help
Our team of experts can help you understand the international entrepreneur rule news, ensure your application is complete, and prepare all necessary USCIS international entrepreneur rule evidence.
If you’re planning to apply for the IER, or if you need help navigating the recent international entrepreneur rule update, we’re here to support you every step of the way. We can also assist you in exploring alternative visa options if the IER isn’t the right fit for you.
Book a consultation with Manifest Law today to get started