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The Fate of the International Entrepreneur Rule Remains Uncertain, But There May Be Hope

The Obama-era International Entrepreneur Rule (“IE Rule”), which had been scheduled to go into effect on July 17, 2017, would allow qualifying foreign entrepreneurs to come to the US to establish, oversee, and grow their businesses. To be eligible, applicants would have to demonstrate:

  • At least a 10 percent ownership in the business and a central role in its operations; and
  • That the company has received a “significant investment” of $250,000 or more from qualified US investors or significant grants from government entities,…
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