Department of Homeland Security (DHS) may grant a period of authorized stay (parole) to noncitizen entrepreneurs if they can show their stay in the United States will provide a significant public benefit through their business venture and that they merit discretion.
On Oct. 1, 2024, the new investment and revenue amounts in the International Entrepreneur Rule (IER) will become effective on or after Oct. 1, 2024.
Applicants file Form I-941, Application for Entrepreneur Parole petition with USCIS. Recent changes are posted on USCIS (www.usics.gov) to show the Revenue Increase Beginning with Fiscal Year 2025.
Use form I-941 if you are an entrepreneur and want to:
• Make an initial request for parole based upon significant public benefit
• Make a subsequent request for parole for an additional period; or
• File an amended application to notify USCIS of a material change
Department of Homeland Security (DHS) has announced recently the Investment and Revenue Increase Beginning with Fiscal Year 2025. DHS will calculate new investment, and revenue amounts and revises the applicable provisions to adjust for inflation.
Re-parole consideration:
An applicant may be considered for re-parole if they establish that during the initial parole period, their entity:
• Received at least $622,142 in qualifying investments, governmental grants or awards, or a combination of the funding, during the initial parole period
• Created a minimum of 5 qualified jobs with the start-up entity during the initial parole period or
• Had at least $622,142 in annual revenue in the United States and
• averaged 20 percent in annual revenue growth during the initial parole period
New amounts:
• If relying on an investment from a qualifying investor, the amount is increasing from $264,147 to $311,071.
• If relying on a government award or grant, the amount is increasing from $105,659 to $124,429.
• The revenue amount for consideration of re-parole is increasing from $528,293 to $622,142.