Employment-based immigration
International Entrepreneur Rule: A Complete Guide
In this guide, we’ll break down the essentials of the IER, including how to qualify, the application process, and what to do if you’re already in the U.S. or planning to come here. We’ll also cover what happens if you need to extend your stay or adjust your status.
By:
Chelsea Spinos
Reviewer:
Simon Craven, Esq.
9 min read • Aug 05, 2024
Key takeaways
To qualify for the International Entrepreneur Rule, entrepreneurs must own at least 10% of a startup founded within the last five years, secure significant U.S. investment or funding, demonstrate growth potential, and play an active role in the company.
Applicants must file Form I-941 with supporting documents and a $1,200 fee.
Spouses and unmarried children under 21 can apply to join the entrepreneur by filing Form I-131 with a $630 fee per family member.
Initial parole lasts up to 30 months, with the possibility of a 30-month extension. After five years, entrepreneurs may explore options for adjustment of status or other long-term residency paths.
Our experienced immigration attorneys at Manifest Law can help you navigate the complexities of the International Entrepreneur Rule application process, ensuring a smoother and potentially more successful outcome.
If you’re an entrepreneur with a vision for a successful startup and looking to expand your business in the U.S., the International Entrepreneur Rule (IER) could be for you. The International Entrepreneur Rule allows foreign entrepreneurs with promising startups to stay and work in the U.S. for up to five years, offering a flexible path to build your company and contribute to the U.S. economy.
The International Entrepreneur Rule (IER) is a special program in the U.S. designed to attract talented entrepreneurs from around the world. If you’re a foreign entrepreneur with a startup that has big potential for growth and job creation, this rule might be a viable way for you to start living and working in the United States.
Here’s how it works: If you’ve started a business within the last five years, and your company has received significant investment from U.S. investors or government grants, you could be eligible to stay in the U.S. for up to five years. During this time, you can focus on building your business and creating jobs for Americans. This isn’t a visa, but rather a special permission known as "parole" that lets you and your family stay in the country temporarily.
The International Entrepreneur Rule is a great option for innovators who want to bring their ideas to life in the U.S., but don’t qualify for traditional visas.
Ownership Stake: You must own at least 10% of your startup when you apply and maintain at least a 5% ownership stake throughout your stay.
Recent Startup: Your business must have been founded within the last five years before you submit your application.
Significant U.S. Investment or Funding: Your startup needs to have secured at least $250,000 from qualified U.S. investors, like venture capital firms or angel investors. Alternatively, if you've received at least $100,000 in grants or awards from federal, state, or local government entities in the U.S., you could also qualify.
Growth Potential: You'll need to demonstrate that your business has significant potential for rapid growth, job creation, and a positive impact on the U.S. economy. This might include having a strong business plan, evidence of scaling quickly, or other signs of success.
Active Role: You must play a central and active role in your startup, meaning you should be deeply involved in the day-to-day operations and overall direction of the company.
Keep in mind: USCIS might also use open-source information to verify the evidence you provide.
Key requirement
Proof of Ownership and Role
Startup Formation and Activity
Evidence of U.S. Investment or Funding
Proof of Growth Potential
Demonstrating Your Qualifications
Personal Identification and Immigration History
Other Supporting Documents
List of documents as evidence
Articles of Incorporation or Bylaws: Demonstrate your ownership stake in the startup.
Equity Ledger or Certificates: Confirm your ownership percentage.
Employment Agreement or Offer Letter: Provide evidence of your central and active role in the company.
Letters from Founders or Key Personnel: Attest to your role, outlining your day-to-day responsibilities.
Company Organizational Chart: Highlight your position and responsibilities within the startup
Company Registration Documents: Show that your business was founded within the last five years.
Articles of Incorporation or Formation: Demonstrate that your entity meets the startup definition under the IER.
Business Plan or Pitch Deck: Outline your company’s growth strategy, target market, and potential for rapid expansion.
Operating Agreements: Provide detailed information on the company’s structure and operations.
Investment Agreements: Proof of at least $250,000 received from qualified U.S. investors (e.g., term sheets, signed agreements).
Bank Records or Wire Transfers: Evidence of the funds received.
Equity Purchase Agreements or Convertible Debt Agreements: Demonstrate the nature of the investment.
Grant or Award Letters: If applicable, include proof of at least $100,000 in grants or awards from U.S. government entities.
Financial Statements: Include balance sheets, income statements, and cash flow statements to show financial health and growth.
Customer Contracts or Purchase Orders: Provide evidence of significant business activities or sales.
Letters of Support or Endorsements: From investors, business partners, or industry experts validating your company’s potential.
Market Research or Industry Reports: Provide data supporting your business’s potential for growth in the U.S. market.
Participation in Accelerators: Evidence that your startup was invited to or participated in reputable startup accelerators.
Resume or Curriculum Vitae (CV): Highlight your experience, skills, and achievements relevant to the startup.
Letters of Recommendation: From government agencies, investors, or business associations familiar with your work and expertise.
News Articles or Media Coverage: Any recognition or significant attention your startup has received.
Patents or Intellectual Property Documentation: Showcasing your contributions to the company’s innovation.
Academic Degrees or Certifications: Evidence of your knowledge and skills that would advance the startup’s business.
Passport: A copy of the identification page.
Visa and Immigration Documentation: If you’ve previously been in the U.S., include copies of any visas, I-94 records, or other relevant documents.
Biometrics: Depending on the application, you may need to submit fingerprints or other biometric information.
Tax Returns: Both personal and business, if applicable, to show financial history.
Press Releases or Media Coverage: Any public recognition of your startup’s achievements or potential.
Documentation of Significant Government Awards or Grants: Notices or articles proving your startup received substantial public funding.
Evidence of Jobs Created: Payroll records or other documents showing your startup has created jobs in the U.S.
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Not sure if you’re eligible for IER?
Book a free consultation with Manifest Law. Our team will ensure you meet the eligibility requirements and help you gather evidence needed.
What happens after filing Form I-941?
What happens after approval of Form I-941?
What happens after Form I-131 is approved?
Not sure if you’re eligible for IER?
Book a free consultation with Manifest Law. Our team will ensure you meet the eligibility requirements and help you gather evidence needed.
How long can I stay in the U.S. under the International Entrepreneur Rule?
Under the International Entrepreneur Rule, you can initially stay in the U.S. for up to 30 months. This period is designed to give you time to grow your business and contribute to the U.S. economy. After this initial period, you might be eligible to extend your stay for an additional 30 months if you continue to meet the requirements and show that your business is doing well.
What happens if my Form I-941 is conditionally approved but I am currently outside the U.S.?
If your Form I-941 is conditionally approved but you’re currently outside the U.S., you’ll need to wait until you are granted a visa or other documentation to enter the country. Conditional approval means you have met the preliminary requirements, but you still need to complete the process by entering the U.S. and complying with all terms of your parole once you arrive.
What if I receive a request for evidence (RFE) from USCIS?
If you receive an RFE, carefully review the request and provide the additional documentation or clarification needed. An RFE is a common part of the process and provides an opportunity to address any concerns or gaps in your application.
For the most accurate and personalized guidance, consider consulting with an immigration expert like those at Manifest Law, who can help ensure that your application meets all the requirements and stands the best chance of approval. For more information, visit the USCIS International Entrepreneur Rule page.
Can I change from International Entrepreneur Rule parolee to an immigrant or nonimmigrant status without leaving the United States?
Yes, you can apply to change from International Entrepreneur Rule parolee status to another immigrant or nonimmigrant status without leaving the U.S. For example, if you qualify for a different visa category or want to adjust your status to become a permanent resident, you can do so while staying in the U.S. Just make sure to follow the application procedures and meet the eligibility requirements for the new status.
Am I allowed multiple entries to the United States if I have parole under the International Entrepreneur Rule?
Yes, if you have parole under the International Entrepreneur Rule, you are generally allowed to enter and exit the U.S. multiple times. However, each re-entry is subject to inspection by U.S. Customs and Border Protection, and you must continue to meet the conditions of your parole each time you return.
Is there premium processing for Form I-941?
No, premium processing is not available for Form I-941, which is used to apply for parole under the International Entrepreneur Rule. This means you will need to wait the standard processing time, which can vary depending on the volume of applications and other factors. Be sure to plan ahead and allow sufficient time for your application to be reviewed.
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