A foreign entrepreneur can be admitted into the U.S. through the International Entrepreneur Parole Program (IEPP) if they demonstrate that they will provide a significant public benefit. Below, our Orange county immigration team outlines everything you need to know about this program and how it can benefit you.
Under the IEPP, parolees must meet several requirements. Applicants must:
- A central and active role in an American startup within the last five years
- Hold at least a 10% ownership stake in the startup.
- Demonstrate the startup has received at least $250,000 in investments, or a government grant of at least $100,000, within the 18 months preceding the IEPP application
Additionally, applicants must provide evidence of the startup's growth and job creation potential.
The Benefits of the IEPP
IEPP not only allows immigrants to pursue their dreams in the U.S. but also benefits the economy. This program encourages entrepreneurs worldwide to create high-growth startups in the United States. The DHS expects upwards of 2,900 entrepreneurs to qualify for the IEPP, leading to technological innovations and, more importantly, thousands of new jobs for American workers.
In addition to eligible applicants' spouses and children accompanying them to the United States, the IEPP also offers parole for children.
It is highly recommended to seek the legal guidance of an immigration attorney to verify your eligibility and avoid many common mistakes when applying for the IEPP.
Get in Touch with Our Team Today
We understand how confusing and complex the immigration process can be. Please get in touch with our office to speak with an immigration attorney about the IEPP and your eligibility. Our attorneys have a wealth of experience and are ready to assist you through every step of the process. We are committed to helping you every step of the way by providing compassionate and personalized services.
If you would like more information about how we can help you obtain a visa, please do not hesitate to contact us through our online contact form or call us at [F:P:Sub:Phone].