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What is Required to Renew the International Entrepreneur Rule Visa?

By June 14, 2021March 13th, 2025Questions & Answers, Uncategorized
entrepreneur going over plans on laptop

The International Entrepreneur Rule is a new immigration category that is available to entrepreneurs who start a business in the U.S. that has a benefit to the U.S.   An entrepreneur can obtain this immigration benefit for an initial period of 2.5 years if they meet certain requirements.   

You can find a summary of the International Entrepreneur Rule requirements here.   

You can find common questions and answers for the International Entrepreneur rule part 1 here.  

You can find common questions and answers for the International Entrepreneur rule part 2 here.  

To renew the Parole status for an additional 30 months, the entrepreneur must meet the following conditions:

  • The business is still a start-up entity as defined above (created within the last 5 years) 
  • The applicant is still well positioned to advance the business
  • Continues to own at least 5% 
  • Continues to have an active role in the business  
  • Entity still has potential for rapid grown and job creation 
  • There are a number of ways to satisfy the rapid growth criteria and to show job creation 
  • Additional investment or grants ($500,000) during the initial parole period 
  • Revenue generation (at least $500,000 with average annualized revenue growth of at least 20 percent during the initial parole period) 
  • Job creation – created 5 full-time jobs during the initial parole period. 

Alternate Criteria:

  • Demonstrating economic benefit 
  • Demonstrating that employees may  be hired soon 
  • Press coverage 
  • Expert opinion letters 

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