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Many of our startup clients are founded by foreign-born entrepreneurs who launched their companies while on a visa in the US. A recent study found that more than half of unicorns in the US were founded by immigrants. If you...more
President Donald Trump recently announced a proposed “Gold Card” visa, sparking speculation about its potential impact on the EB-5 Immigrant Investor Program. While details remain unclear, this proposal raises important...more
In a significant move to attract wealthy investors, President Donald Trump has floated a new immigration initiative known as the “Gold Card.” The initial announcement indicates that the Gold Card will make the EB-5 investment...more
President Donald Trump has announced that he plans to offer the “Trump Gold Card” to replace the existing EB-5 Immigrant Investor Program. The Trump Gold Card Program would allow an investor who is willing to invest $5...more
President Trump has stated his intention for the U.S. to offer a “Gold Card” immigrant visa program, potentially within two weeks, which would allow wealthy individuals to purchase a Green Card and a potential path to...more
The EB-5 Immigrant Investor Program, created in 1990 under the Immigration Act, provides a pathway for foreign nationals to obtain U.S. residency through investments in American businesses that generate jobs. Tuesday,...more
Speaking from the Oval Office this afternoon, President Trump proposed replacing the EB-5 Program with a new program that would offer “gold cards” for $5 million to wealthy foreign nationals seeking residency, and...more
As anticipated, the 47th president issued a series of Executive Orders on his first day in office, one of which has caught significant attention within the EB-5 industry. The order, titled "Protecting the Meaning and Value of...more
Introduction: The United States has long been a beacon for immigrants, and the entrepreneurial spirit of immigrants has led the U.S. to be at the forefront of groundbreaking innovations in business, science, education,...more
U.S. Citizenship and Immigration Services (USCIS) provided updated guidance on the eligibility requirements for the International Entrepreneur Rule (IER). Starting on October 1, 2024. USCIS will increase investment and...more
U.S. Citizenship and Immigration Services (USCIS) recently provided further guidance on eligibility criteria for the International Entrepreneur Parole program (IEP). Background The IEP rule was promulgated at the end of the...more
The Biden administration announced on May 11, 2021, that it is restoring a never-fully-utilized Obama-era program allowing foreign entrepreneurs to stay in the United States temporarily in order to oversee and grow certain...more
A magistrate judge in federal court in California seems likely soon to issue an order invalidating the 2019 EB-5 regulations despite current DHS Secretary Mayorkas' recent ratification of same. The probable results: (1)...more
On January 17, 2017, the Department of Homeland Security (DHS) published its final rule implementing the discretionary parole for entrepreneurs program, which was proposed this past August. The final rule, effective July 16,...more
On August 31, 2016 the Department of Homeland Security (DHS) proposed an “International Entrepreneur” (I.E.) rule that would allow qualifying foreign investors to develop and grow their start-up companies in the United...more
The U.S. Citizenship and Immigration Services (USCIS) and Department of Homeland Security (DHS) last week proposed a new rule that will allow certain immigrant startup founders to receive “parole” or temporary permission to...more
Current visa options limit the ability of foreign national entrepreneurs to start and grow companies in the United States. As a result, the United States is less able to attract the world’s very best and most innovative...more
Seyfarth Synopsis: USCIS proposes a regulation to grant special “parole” entry to certain foreign entrepreneurs backed by venture capitalists and angel investors. The rule is long and complicated, while the benefit granted...more