Requirements for The International Entrepreneur Parole Program

You may qualify for the International Entrepreneur Parole Program if your firm is less than five years old. This program which allows you to live and work in the United States for your company.

What is the International Entrepreneur Parole Program?

The International Entrepreneur Parole Program is a special rule that allows the Department of Homeland Security to apply its parole authority to give a period of authorized stay to foreign entrepreneurs who demonstrate that their presence in the United States would provide a significant public benefit on a case-by-case basis. It is important to know that this program does not need a visa. It is a specific parole authority that grants an approved stay. An entrepreneur who meets the qualifications can travel to the United States and work for their start-up film. The entrepreneur’s spouse and children can be eligible to to enter the United States. The spouse may apply for a work permit.

What are the benefits of the International Entrepreneur Parole Program?

• One advantage of the program is that it provides another alternative for foreign entrepreneurs to come to the U.S. to work for their firms, in addition to the E-2 visa or the L-1 visa.
• This scheme has the advantage of not requiring an investment from the entrepreneur as the E-2 visa requires.
• Furthermore, as previously mentioned, the program permits the entrepreneur’s spouse to apply for and get work permits in the United States.
• The program also permits the entrepreneur’s children to attend school in the United States.
• The program parole is given for a term of 2.5 years may be renewed for another 2.5 years.

The program permits up to three entrepreneurs to travel to the United States for the same start-up firm. The program is not restricted to a single entrepreneur per organization.

What are the requirements of the International Entrepreneur Parole Program?

• The first condition for this program is that the entrepreneur seeking to qualify possesses at least 10% of the company.
• The entrepreneur actively involves themselves in the business’s activities. As a result, the applicant cannot be a passive investor in the company.
• The entrepreneur created the start-up firm within the last 5 years.

One of the program’s most perplexing conditions is that the start-up show “substantial and demonstrable potential for rapid commercial development and employment creation.” Because this can be difficult to demonstrate, I’ve listed a few examples below:

• One method is to demonstrate considerable investment from qualified U.S. investors with a proven track record.
• You might also display substantial federal, state, or municipal government honors or grants; or
• You can demonstrate that you partially achieve on or both conditions, as well as provide other “reliable and persuasive proof”, such as admission to be a competitive start-up accelerator.

How can I apply to the International Entrepreneur Parole Program?

• The initial step in applying for this program is to submit Form I-941 (Application for Entrepreneur Parole) to USCIS.
• Following the approval of Form I-941, the next step is to visit a U.S. consulate abroad to receive a travel document.

Note: Canadians do not need to go to a consulate to obtain a travel document; they may just present their approved Form I-941 at a U.S. port of entry.

Your travel document must be presented once it has been authorized at a U.S. port of entry.

How can I renew your stay under the International Entrepreneur Parole Program?

If you are on the International Parole Program in the United States, you can apply for an extension of up to 2.5 years to continue growing the business, as long as the start-up continues to provide a “significant public benefit”, as evidenced by significant increases in capital investment, revenue, or job creation.