Is The International Entrepreneur Rule In Jeopardy?

Earlier this year, we covered how the Obama Administration finalized the proposed International Entrepreneur Rule shortly before leaving office. The Rule is scheduled to go into effect on July 17^th, and would grant a maximum of five years of parole for certain entrepreneurs who attract qualified funding for their startups or meet discretionary requirements. But this important new immigration benefit for entrepreneurs might not be happening after all.

On May 25, the Trump Administration sent the Rule back to the Office of Management and Budget's Office of Information and Regulatory Affairs for further review. This action would be unnecessary if the administration intends to implement the Rule as planned. In viewing this development in the most optimistic light, prospective beneficiaries of the Rule should brace for delay.