International Entrepreneur Parole

International Entrepreneur Parole Updated (November 7, 2022)

The International Entrepreneur Parole rule (IEP) is a rule that allows the Department of Homeland Security to grant parole and stay to foreign entrepreneurs. The rule was developed in 2013 by the Obama Administration, and it was set to go into full effect in 2017. However, when Trump became president, he put a halt to the rule. The Biden Administration has made efforts to reinstate the rule. The IEP was created because there is not a specific visa for starting up a company. While the rule allows greater ability for entrepreneurs from different countries to stay in the United States, entrepreneurs and their families must meet certain criteria to be granted parole.