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​​​​​Federal Court Vacates Delay of International Entrepreneur Rule

On December 1, 2017, a federal judge ruled that the Trump administration can't delay an Obama-era International Entrepreneur Rule that would let foreign start-up founders into the U.S. without a visa. The exemption for immigrants who create companies and employ Americans was set to go into effect this past July, but the government delayed its implementation until March 2018.

The National Association of Venture Capitalists and others sued to overturn the delay. On December 1, 2017, the U.S. District Court for Washington, D.C., ruled in their favor.

As a reminder, the International Entrepreneur Rule allows immigrant entrepreneurs and their families to remain in the U.S. for 30 months without a green card or other visa and apply for another 30-month extension after that. The rule, created during the last days of President Obama's administration, is designed to encourage more foreign entrepreneurs to start companies in the U.S.

Source: CNBC.

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