International Entrepreneur Rule: America re-opens for foreign founders – Poorvi Chothani

(Poorvi Chothani is the founder and managing partner of LawQuest. This piece first appeared in Economic Times’ July 15 edition)

Recognizing the value that entrepreneurs brought to the nation’s innovation and economic growth the Obama administration had introduced the International Entrepreneur Rule (IER). However, the Trump administration quickly suspended this initiative. In May 2021 under the Biden administration the Department of Homeland Security (DHS) relaunched the IER allowing it to exercise its discretion to grant temporary entry to qualifying foreign nationals based on their role as an entrepreneur of a recently …

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