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DHS/USCIS | RIN: 1615-AC75 | Publication ID: Spring 2024 |
Title: International Entrepreneur Program: Automatic Increase of Investment and Revenue Amount Requirements | |
Abstract:
On January 17, 2017, the Department of Homeland Security (DHS) published a final rule with new regulatory provisions guiding the use of parole on a case-by-case basis with respect to entrepreneurs of start-up entities who can demonstrate through evidence of substantial and demonstrated potential for rapid business growth and job creation that they would provide a significant public benefit to the United States. The 2017 regulation provided that the investment and revenue amount requirements would automatically adjust every three years by the Consumer Price Index for All Urban Consumers (CPI-U). USCIS issued a rule to inform the public of the increased amounts taking effect at the start of Fiscal Year 2022 and to revise the regulations to accurately reflect the updated investment amounts. |
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Agency: Department of Homeland Security(DHS) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 8 CFR 212.19 | |
Legal Authority: 6 U.S.C. 111 6 U.S.C. 202(4) 6 U.S.C. 271 8 U.S.C. 1101 and note 8 U.S.C. 1102 and 1103 8 U.S.C. 1182 and note 8 U.S.C. 1184 8 U.S.C. 1185 note (sec. 7209 of Pub. L. 108-458) 8 U.S.C. 1187 8 U.S.C. 1223 8 U.S.C. 1225 to 1227 8 U.S.C. 1255 8 U.S.C. 1359 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Information URL: https://www.regulations.gov | |
RIN Data Printed in the FR: No | |
Related RINs: Related to 1615-AC04 | |
Agency Contact: Charles Nimick Chief, Business and Foreign Workers Division, Office of Policy and Strategy Department of Homeland Security U.S. Citizenship and Immigration Services 5900 Capital Gateway Drive, Suite 4S190, Camp Springs, MD 20588-0009 Phone:240 721-3000 |