legal · go-v.org

Parole for entrepreneurs.

CFR · 2024-01-01 · US · Title 8

(a) (1) (2) (3) (4) (5) (i) The individual or organization made investments in start-up entities in exchange for equity, convertible debt, or other security convertible into equity commonly used in financing transactions within their respective industries comprising a total in such 5-year period of no less than $633,952; and (ii) Subsequent to such investment by such individual or organization, at least 2 such entities each created at least 5 qualified jobs or generated at least $528,293 in revenue with average annualized revenue growth of at least 20 percent. (6) (7) (8) (9) (10) (b) (2) (ii) (A) Demonstrating that the alien is an entrepreneur as defined in paragraph (a)(1) of this section and that his or her entity is a start-up entity as defined in paragraph (a)(2) of this section; and (B) Establishing that the alien's entity has: ( ( (iii) (c) (2) (ii) (A) Demonstrating that the alien continues to be an entrepreneur as defined in paragraph (a)(1) of this section and that his or her entity continues to be a start-up entity as defined in paragraph (a)(2) of this section; and (B) Establishing that the alien's entity has: ( ( ( (iii) (d) (2) (3) (4) (e) (f) (g) (h) (2) The spouse and children of an entrepreneur granted parole under this section may be granted parole under this section for no longer than the period of parole granted to such entrepreneur. (3) The spouse of the entrepreneur parolee, after being paroled into the United States, may be eligible for employment autho

official document · source cfr-2024 · id 8:§ 212.19