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.
HAYMAN-WOODWARD CORP is a holding group of a variety of companies, including business advisory, compliance, business development intelligence consulting, banking and wealth management, family office, aviation, foodservice and others. The group has more than twenty years experience in supporting companies and individuals in their challenges to build value across borders. We have a team of experts in many industry segments in 6 offices around the world, to fully assist our clients.
HAYMAN-WOODWARD’s global network of professionals, provide: Family Office Services, Tax Advisory, Technology Management, Business Development Outsourcing, Behavior Analysis & Profiling, and Business Consulting Services. With unparalleled experience across most industry segments since 1996, our team of skilled professionals has delivered valued services in over 100 countries, by assisting our clients in becoming high-performance and efficient entrepreneurs, businesses and government entities.
HAYMAN-WOODWARD focuses on managing our clients’ investment portfolios, tax advisories, as well as business development opportunities for clients worldwide, seamlessly bridging cultural gaps and ensuring clients’ continued success in the new market of their choice.
HAYMAN-WOODWARD’s clientele is made up of businesses of all different sizes, from small businesses enterprises to Fortune 1000 companies.
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.