Thursday, May 31, 2018

Public Comment to DHS: Don't Rescind Immigrant Entrepreneur Rule

Late last week, news broke that the Department of Homeland Security plans to rescind the Obama-era rule allowing certain immigrants to move to America in order to start businesses here. This means we’ll be literally turning away immigrants who want to bring money and jobs into our communities.

DHS must accept public comments until June 28,2018 – meaning that by submitting a comment now, you can guarantee that your voice is heard. Our friends at created a portal to help you submit your comments easily. Visit the portal now to submit a public comment asking DHS to reinstate the Immigrant Entrepreneur Rule.

Why is the International Entrepreneur Rule important?
  1. Immigrants have helped start as many as 25% of all small businesses and high-tech startups across America.
  2. More than 40% of Fortune 500 companies were founded by immigrants or the children of immigrants.
  3. Over half of the most successful private companies in America (“unicorns” valued at over $1 billion) have an immigrant founder.
  4. A study from New American Economy estimates that the International Entrepreneur Rule could create over 300,000 new American jobs over the next ten years.
Immigrant entrepreneurs are key drivers of our economy – and those covered under this rule already have a solid business plan and financial backing. That means they’re ready to start contributing to their communities on day one. Turning down qualified, ambitious business-owners who want to build companies in our country is counterproductive and makes zero economic sense. Submit your comment today.

- Jeremy Robbins, New American Economy

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