The International Entrepreneur Parole Program (IEP) is a program that gives a foreign entrepreneur a temporary permit to stay in the United States while he/she is trying to obtain approval of another, business type generally, visa.
In order to qualify for the IEP, the foreign national must prove:
Possession of a substantial ownership interest in a start-up entity created within the past five-years in the US and that the start-up has shown rapid growth and job creation.
The foreigner must have a central and active role in the start-up entity such that he/she is key to the growth of the start-up.
The foreigner’s role in the start-up (by virtue of job creation and stimulus to the US economy) will provide a significant public benefit to the United States.
There are several ways to prove each one of the above mentioned elements. Each element contains several legal and technical requirements, and therefore, you should contact an experienced business immigration attorney to help you with the application process.
If granted, the entrepreneur will be given a US stay of 2.5 years to work in the start up renewable—upon meeting certain requirements—for an additional 2.5 years.
Up to 3 entrepreneurs may qualify with a given eligible start-up entity.
For more information about business visas, the Entrepreneur Parole Program, or any immigration issues, contact an experienced immigration attorney at Ayala at 305-570-2208.
You can also schedule your case evaluation online at https://www.lawayala.com/consultation/ or email Miami Business Immigration lawyer Eduardo A. Maura at Eduardo@ayalalawpa.com