IncSmart Washington DC (Small Business and Startups) -
The Trump administration delays the International Entrepreneur Rule. This immigration rule is for foreign entrepreneurs and their ability to work in the United States. This rule would allow business owners to grow their new companies in the US for 30 months without applying for a visa. This rule will be postponed until March 14, 2018. The policy being delayed by the Department of Homeland Security.
The decision is part of government review of federal immigration programs. Tech firms in Silicon Valley, have been pushing for this rule. The tech companies says they have benefited from startups by immigrants. However the Secretary of the Department of Homeland Security will take action to ensure that a "Parole Authority” be kept in place. This is a action which the department will temporarily allow individuals into the country on a case by case basis. To qualify, the new companies need to raised $250,000 for their businesses from American investors or $100,000 in grants from government entities.
By IncSmart Staff Writer
Starting a Business in Washington DC
For 10 years, IncSmart.biz Business Services has helped companies and people from all over the world form DC Corporations and DC Limited Liability Companies. When you call, email, instant message or live chat with our office, expect personal attention. We are very excited about helping you form your new company. Each state is so different when it comes to filing documents, you will know right away you are in the right place.
We are very excited about helping you form your new company. Each state is so different when it comes to filing documents, you will know right away you are in the right place. Think Smart. Think IncSmart.
Think Smart. Think IncSmart.