Posted on 07/11/2017 9:42:46 AM PDT by 2ndDivisionVet
The Department of Homeland Security has delayed the effective date of the International Entrepreneur Rule. The official notice of the delay will be published in the federal register on Tuesday, according to the Federal Register website. The Trump administration also signaled its intent to ultimately eliminate the rule.
The rule, put into place in the waning days of the Obama administration, would have allowed foreign entrepreneurs to come to the U.S. to start companies. Read more about it here and here. The July 17 effective date has been postponed until March 14, 2018.
National Venture Capital Association Bobby Franklin said the move "represents a fundamental misunderstanding of the critical role immigrant entrepreneurs play in growing the next generation of American companies."
U.S. Citizenship and Immigration Services said in a statement that it decided to delay the rule to ensure it is consistent with the a January executive order requiring DHS to ensure parole authority — or permission to remain in the U.S. for a limited period of time under certain circumstances — is exercised only on a case-by-case basis.
"During the delay, DHS will be soliciting public comment on a proposal to withdraw to the rule, and individuals will not be able to apply for parole under the International Entrepreneur Rule," USCIS said in the statement.
I understand tightening rules, but the principle of taking in foreign entrepreneurs is good.
It shouldn’t take a special rule...nor should a promise of citizenship be attached.
"The rule, put into place in the waning days of the Obama administration,"
Makes me highly suspicious. Just because the word 'entrepreneur' is in the name, one should not assume it has anything to do with entrepreneurship...ie the 'Affordable Care Act' has nothing to do with 'affordable'.
[but the principle of taking in foreign entrepreneurs is good.]
No it’s not! It creates competition and drives business away from hard working Americans!!!
Drug dealers are broadly defined as foreign entrepreneurs under the Obama administration.
My local dealer says he is an unregistered pharmacist.
If you don’t like competition in business perhaps there is a socialist or communist country you would like to move to. Or maybe it would be easier to turn the USA into North Korea.
[If you don’t like competition in business perhaps there is a socialist or communist country you would like to move to. Or maybe it would be easier to turn the USA into North Korea.]
I embrace competition. But not when a foreign entity rolls into town, takes customers from American businesses, and ships their profits overseas to their home country, when an innovative American could be doing the same thing and keeping the money here in America.
This is stepping on Soros’ toes, soon to be followed by a kick to the groin.
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