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.
In an order by the Department of Homeland Security (DHS), Secretary John Kelly announced that the program would be stopped to at least March of next year.
AAN Staff
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