Those interested in applying for parole under the International Entrepreneur Rule (IER) should take note that the instructions to Form I-941, Application for Entrepreneur Parole, contain requirements that are different from the requirements contained in the final rule published in January 2017. Specifically:
- The instructions require a 15% ownership stake in the start-up entity; 10% for extensions and amendments. (The January 2017 final rule only requires 10% ownership for the initial application and 5% ownership for amendments and extensions).
- The instructions require proof of formation in the last three years. (The January 2017 final rule allows work for entities formed within the last five years).
- The instructions state that within the last year the applicant must have received an aggregate of $100,000 in government grants or $345,000 from qualified investors. (The January 2017 final rule requires only $250,000 of aggregate funding from qualified investors and gives an 18-month timeframe to aggregate either private or public funds).
We are available to represent Employment Based Adjustment of Status Applicants in the following localities: San Diego County including San Diego, Carlsbad, and Escondido; Los Angeles County including Beverly Hills, Los Angeles, West Los Angeles, Burbank, Hollywood, Van Nuys, Whittier, Woodland Hills, and Long Beach; Santa Clara County including San Jose, Milpitas, Santa Clara, and Sunnyvale; Alameda County including Oakland, San Leandro, and Berkeley; Sacramento County including Sacramento, Elk Grove, and Folsom; and Orange County including Santa Ana and Anaheim.
