DHS Moves to Preserve Obama Program for Foreign Entrepreneurs

May 10, 2021, 2:11 PM

The Department of Homeland Security is withdrawing a 2018 proposed rule that would have ended a program allowing international entrepreneurs into the country to start businesses and create jobs.

The majority of public comments opposed the rule on the basis that removing the International Entrepreneur parole program would “lead to unrealized economic benefits, damage U.S. innovation and entrepreneurship, and harm noncitizen startup founders,” the agency said Monday in its notice of withdrawal.

The Obama-era program was created in January 2017 via regulations establishing a framework to use parole authority for entrepreneurs to come to the U.S. in lieu of visas. ...

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