The International Entrepreneur Parole Program (IE) has been relaunched by United States Citizen and Immigration Services (USCIS). As we mentioned in an earlier post, the Biden Administration has relaunched the IE program for international entrepreneurs who have established their startups in the United States. The IE program allows international entrepreneurs, who otherwise do not meet other visa criteria, to be granted a period of authorized stay in the U.S. to grow their business. IE does not give immigration status to the approved applicants. Instead, qualifying applicants receive what is called “parole”, which is a temporary permission to enter and remain in the U.S for a specified period of time. The IE program does not provide a path to permanent residency.

Immigrant-owned businesses employ more than 19 million people and generate $4.8 trillion in revenue, according to the National Immigration Forum, figures that demonstrate the tremendous positive impact immigrants have on the US economy. Immigrants are important business creators, in addition to holding positions in the service, construction, and farming industries as well as in Silicon Valley. "This phenomenon is across all ethnicities and education levels," Dr. Kerr, a professor of entrepreneurship who has been tracking the topic for over ten years, says. "There are many reasons immigrants start more businesses. Among them: They tend to be more daring and less risk averse, considering they were brave enough to migrate here and tolerate change. Many come to the U.S. specifically to start a business. Others face discrimination in the job market and opt to become business owners."