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New U.S Government rules can leverage investments in start-ups

- Jan/2018

America has always been open for business. To help improve America’s economy through increased capital spending, innovation, and job creation, the Department of Homeland Security (DHS) published a new rule to improve the ability of certain start-up entrepreneurs to grow their enterprises within the United States.

This means that a foreign entrepreneur, who demonstrates that their start-up entity would significantly benefit the country through its rapid growth and job creation, might be granted a period of authorized stay in the US of up to 30 months to develop this business.

This new rule will benefit around 2,940 entrepreneurs annually, who might extend the initial stay period by up to 30 additional months. Each start-up business is eligible for up to three founders, who will be allowed to work only for that particular start-up business. Their spouses may apply for work authorization in the United States.

There are many criteria to be considered under this rule, mainly about having a substantial ownership interest in a start-up entity created within the past five years in the United States, a central role in the entity, a significant public benefit to the United States by investment of capital with substantial potential for rapid growth and job creation.

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HAYMAN-WOODWARD’s team of professionals and management have a combined 50 years of experience in their fields, and are located in our offices in the United States of America, Asia, Europe and Latin America. The company offers a variety of services to help its customers achieve their maximum ROI and a clear path to profitability in several markets worldwide.

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