Trump Admin Halts Obama Loophole for Foreign Nationals
An Obama-created loophole for foreign nationals wanting to come to the United States to start a business has been halted for at least a year by the Trump Administration.
The International Entrepreneur Rule was put in place two years ago by then-President Obama through executive order, essentially creating a new visa program for foreign nationals without approving it by Congress.
Instead of coming to the U.S. on an employer-sponsored visa, such as a Green Card or H-1B visa, foreign nationals wanting to start business were given leave to remain in the country for at least 2 and a half years.
An Obama-created loophole for foreign nationals wanting to come to the United States to start a business has been halted for at least a year by the Trump Administration.
The International Entrepreneur Rule was put in place two years ago by then-President Obama through executive order, essentially creating a new visa program for foreign nationals without approving it by Congress.
Instead of coming to the U.S. on an employer-sponsored visa, such as a Green Card or H-1B visa, foreign nationals wanting to start business were given leave to remain in the country for at least 2 and a half years.
