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Investment and revenue thresholds for the International Entrepreneur (IE) program have increased.
Key Points:
Background: USCIS has been accepting IE parole applications since Dec. 2017 after a federal court vacated a delay put in place by the Trump administration. In May, the Biden administration formally withdrew a Trump administration plan that would have eliminated the IE parole program.
The increase in investment and revenue amounts is part of an automatic adjustment occurring every three years based on the Consumer Price Index. More information on eligibility requirements and the application process can be found on the IE parole program page.
This alert has been provided by the BAL U.S. Practice group. For additional information, please contact berryapplemanleiden@bal.com.
Copyright © 2021 Berry Appleman & Leiden LLP. All rights reserved. Reprinting or digital redistribution to the public is permitted only with the express written permission of Berry Appleman & Leiden LLP. For inquiries please contact copyright@bal.com.
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