Immigrant entrepreneurs seeking admission to the US through a special program beginning Oct. 1 will need to invest more in order to qualify, US Citizenship and Immigration Services announced.
In a technical update to the international entrepreneur parole program posted Wednesday, USCIS said it will require that applicants demonstrate that a business entity they’ve founded has received investments of at least $311,071 from one or more qualified investors, or an amount of at least $124,429 through one or more qualified government awards or grants within the first 18 months.
Those investment thresholds are updated every three years. A previous update ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.