This week, we learned that President Trump’s administration will take steps to delay the implementation of the International Entrepreneur Rule, commonly called the “Entrepreneur Startup Visa."
Obama's International Entrepreneur Rule
The International Entrepreneur Rule was announced by President Obama in late 2016 as a way to facilitate entrepreneurs from other countries opening new businesses in the United States. Before the rule was announced, people interested in opening businesses in the United States would have to get a visitor visa or some other permission to come to the United States in order to sign contracts, attend meetings, and take other necessary actions to start a new enterprise.
While getting a visitor visa might seem simple, in reality, visitor visas are issued in the discretion of U.S. Consular officers, and are often arbitrarily denied. Even those who have visitor visas can be refused entry or subjected to harsh scrutiny by U.S. Customs and Border Protection when arriving at an airport or land border.