The Department of Homeland Security proposed removing the International Entrepreneur (IE) rule allowing entrepreneurs to remain in the U.S. past their visa, according to a Department of Homeland Security Friday press release.
The rule enables DHS to look at applicants on a case-by-case basis to determine if their venture had “potential for rapid business growth and job creation” that would benefit the United States. If accepted, DHS would “parole” these individuals, letting them remain in the United States past their initial visa expiration date.
The program is an “inadvisable, impracticable, and an unwarranted use of limited agency resources,” DHS stated in the removal proposition, which will be published in the Federal Register May 29.
The standing rule was established under the Obama administration in 2014.
President Donald Trump’s administration tried to delay the rule from implementation in July 2017. However, the DHS had to start accepting applications immediately in December 2017, a federal court ruled.
Since December of last year, only 10 people have applied for the program as of April 24. The Obama administration initially predicted it would draw 2,940 people annually after implementation.
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