USCIS Announces Changes to Investment and Revenue Thresholds

USCIS has updated its guidance on the International Entrepreneur Rule, effective immediately as of October 10, 2024. Key points include:

Triennial Increases: The guidance clarifies the required increases in investment, revenue, and other thresholds, reflecting the Fiscal Year 2025 adjustments that were published in July.
Biometrics Appointments: USCIS will coordinate with the U.S. Department of State to arrange biometrics appointments for conditionally approved applicants who are outside the U.S. or who opt to receive their parole documentation at an embassy or consulate.
Effective Dates: The revised investment and revenue amounts are effective as of October 1, 2024, and apply to requests filed on or after that date.

Investment Amounts: Starting in Fiscal Year 2025 (October 1, 2024), applicants can qualify for initial parole by demonstrating:
- A qualified investment of at least $311,071 from one or more qualified investors, or
- At least $124,429 through qualified government awards or grants.
- Applicants who partially meet initial parole criteria can still be considered by providing compelling evidence of their start-up’s growth potential. For re-parole, they must show that during the initial period, their entity received at least $622,142 in funding, created 5 jobs, or achieved $622,142 in annual revenue with 20% growth. A qualified investor must have invested at least $746,571 in start-ups over five years, with at least two creating 5 jobs or generating $622,142 in revenue, maintaining a minimum growth rate.

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