Heads up, international startup founders! new developments here.

We recently received notification from Sophie Alcorn of Alcorn Immigration Law regarding an important new development for foreign founders.  She has allowed us to re-blog it for our clientele below and provided the one-page summary (see attached).  

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International Entrepreneur Parole (IEP) allows founders to request a 30-month immigration status, with the possibility of a 30-month extension as well. Spouses of those with IEP can qualify for work permits. There’s no limit to the variety of fields in which startups can qualify — everything from autonomous drone delivery to AI for law enforcement; anticancer drug discovery to satellites.
To qualify, you need to show that:

• • Your startup is less than five years old.
  • You own at least 10%.
  • Your role is central to the startup and you will actively operate it.
  • The startup company has received at least $250,000 from qualified U.S. investors (or at least $100,000 in government awards or grants).

If you have any questions or concerns, please reach out to Sophie directly at sophie@alcorn.law.

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​This blog does not constitute solicitation or provision of legal advice, and does not establish an attorney-client relationship. This blog should not be used as a substitute for obtaining legal advice from an attorney licensed or authorized to practice in your jurisdiction. You should always consult a suitably qualified attorney regarding any specific legal problem or matter in a timely manner, as statutes of limitations may bar your claim.

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