The International Entrepreneur Rule: A Guide for Foreign Startup Founders
Learn about the program that grants international entrepreneurs temporary permission to stay in the US.
Aug 5, 2024 · 2 Minute Read 
For international startup founders with innovative ideas, the United States represents a land of opportunity. The US Citizenship and Immigration Services (USCIS) has announced the International Entrepreneur Rule (IER), which offers international entrepreneurs a convenient pathway to establish and scale their startups in the US under specific requirements.
Who Can Qualify?
The IER targets foreign entrepreneurs with high-potential startups already established in the US. To be considered:
- You can be in or outside the US, but your startup must be US-based and formed within the last five years.
- You must hold at least 10% ownership and play a central role in the startup’s operations, using your knowledge, skills, or experience to drive the company’s success.
- Up to three entrepreneurs per startup can apply.
What Makes Your Startup a Candidate?
Your startup needs to show it has great potential for growth and can create jobs. You can prove this by:
- Qualified investments: A minimum investment of $264,147 from a qualifying investor.
- Government grants: At least $105,659 in qualified government awards or grants.
- Alternative evidence: If your startup doesn’t fully meet the funding requirements, you can still show its potential to scale up and create jobs with alternative evidence.
Key Program Features
- Initial parole period: Up to 2.5 years for eligible entrepreneurs.
- Potential re-parole: An additional 2.5 years may be granted based on funding, job creation, or revenue.
- Maximum stay: Up to 5 years in the US.
Application Process
- Fill out Form I-941 and pay a $1,200 fee.
- Expedited handling may be requested.
Next Steps
For further details about the application process and the latest information, visit the official USCIS International Entrepreneur Rule page. These guidelines will help you navigate the process with confidence and shape a successful future for your startup in the United States!
