DHS Announces New International Entrepreneur Parole Option for Startup Founders

international-flagsOn January 17, 2017, the U.S. Department of Homeland Security (DHS) published a new immigration avenue for foreign entrepreneurs who benefit the U.S economy. The “International Entrepreneur Rule” will serve as a pathway for qualified investors and foreign entrepreneurs to develop business enterprises which have significant public benefit in the United States.

This exciting news for start-ups and foreign entrepreneurs comes as a much welcomed development for those frustrated by the lack of immigration options available through the existing U.S. visas, which generally are not oriented to companies that are still in start-up mode.

Requirements

uscisThis new rule will be effective on July 17, 2017 and it will allow certain international entrepreneurs, on a case-by-case basis, to remain in the United States for up to five years in order to start or expand their businesses.  To secure the parole, three prerequisites are required: (1) applicant must submit the required application; (2) the application must be approved; and (3) a physical entry into the United States with the parole status is required. Continue reading

The Grady Firm Attorneys Speak to Students at UCI Blackstone Launch Pad on business and visa options for graduate entrepreneurs

Group photo.jpgRecently, Jennifer Grady Esq. and Anthony Mance, Esq. of The Grady Firm, P.C. hosted an informative “Fireside Chat” about the various immigration options that are available to foreign students upon graduation from U.S. undergraduate or graduate programs. The event took place at the Blackstone Launchpad of University of California, Irvine. The program was recorded and is available for viewing by members of the international Blackstone Launchpad community. 

uci blackstoneThe esteemed UCI Blackstone Launchpad was founded in 2007 with the goal of inspiring global entrepreneurship, and is accessible to over 500,000 university students globally.  This university-based entrepreneurship program is designed to mentor students, staff, and alumni of all disciplines and experience levels. The Blackstone Launchpad is an initiative of The Blackstone Charitable Foundation, and offers one-on-one mentoring, online tools, and a international community that supports ideas from the idea stage to execution and investment. Continue reading

Immigrant Entrepreneurs May Be Able to Remain in the U.S. on Parole Under New Rule Proposed by DHS

entrepreneurship-10-books-every-budding-entrepreneur-must-read

On August 31, 2016 , the Department of Homeland Security (DHS) proposed an amendment to its regulations in an effort to increase and enhance entrepreneurship, innovation, and job creation in the United States. The proposed rule would allow for the use of “parole” on a case-by-case basis for certain Startup entrepreneurs whose entry into the United States would provide a significant public benefit through “the substantial and demonstrated potential for rapid business growth and job creation.”  Once the notice of proposed rulemaking is published in the Federal Register, the public will have 45 days from the date of publication to comment. To submit comments in support of this rule, follow the instructions in the notice.

The new “International Entrepreneur Rule” would expand the opportunity for international entrepreneurs, inventors, and startup founders to receive “parole”, which is temporary permission to be present in the United States.  “Parole” is not considered an admission to the United States, and does not confer any immigration status.  In addition, once a person is granted parole, the parolee’s stay in the U.S. is at DHS’s discretion and may be terminated at any time consistent with existing regulations.  DHS has broad discretion to grant parole and may do so on a case-by-case basis. Continue reading

Apply NOW for U.S. Citizenship: Vote in November Elections & Have Your Application Reviewed Before a New President Takes the White House

how-to-apply-for-american-citizenship-online

If you are a Legal Permanent Resident who has held off on applying for U.S. citizenship, now is the time to submit your application to USCIS so that it can be reviewed and approved before November 2016.

First, immigration will be a big ticket issue in the upcoming election, and the outcome and future of U.S. immigration policy could ride on your vote.  Click the links to read more about the immigration platforms of the current Democratic (Hillary Clinton) and Republican (Donald Trump) U.S. presidential candidates.

hillaryclinton.wikimediaSecond, as the new president and his or her cabinet may have a different vision of immigration reform than that held by the current administration, it’s prudent to apply for immigration relief before the powers in charge change.donaldtrump.wikimedia

Third, in anticipation of the upcoming election, the U.S. Department of Homeland Security has reduced the processing period for naturalization and other immigration applications to between approximately three to six (3-6) months.

Even if you are not eligible for naturalization, you may be able to apply for legal immigration status under various other laws currently in effect.  But you must act now, as any of these laws could change based on the outcome of the November elections. Continue reading

Much Anticipated Foreign Direct Investment (FDI) Report for Southern California Released at SelectLA

Select LA Recap2016-06-17 13.08.04

Jennifer Grady, Esq. recently participated in the Select LA 2016 Investment Summit. SelectLA is the precursor to SelectUSA, a federal division of the Department of Commerce that seeks to attract international businesses to the United States. An international and domestic audience of more than 350 investors and business people attended the SelectLA summit on June 17, 2016 at the JW Marriott in downtown Los Angeles.  Panelists included Los Angeles Mayor Eric Garcetti, President of World Trade Center Los Angeles Stephen Cheung, as well as many other top officials from various Los Angeles organizations such as LA Metro, Los Angeles World Airports, and the Los Angeles Ports.

Summary of FDI Report

SelectLA

From left: Rodrigo Mladinic Dragicevic, Chilean Trade Commissioner; Jennifer Grady, The Grady Firm; Stephen Cheung, President of World Trade Center Los Angeles

At the summit, the World Trade Center Los Angeles released its much anticipated and expansive Foreign Direct Investment report for Southern California.

Foreign Direct Investment (FDI) is a common way for private entities and individuals, both in developed and less developed nations, to increase their wealth and capital by investing beyond their national borders. In 2015, global FDI flows amounted to nearly $1.7 trillion, making it the highest level of international capital flows in the last eight years. The United States is the recipient of more FDI than any other country, and in 2015 received $384 billion in FDI flows, the highest level since 2000. Continue reading

E-1 Visa for Companies Doing More than Half of Their Business in the United States

cargo shipsThe United States is signatory to a number of treaties with other countries, allowing individuals and companies to develop business opportunities in the United States. As a result, “E- Visas” are available to visitors to the US interested in trade and investment.

As discussed in a previous post, E-2 visas are temporary visas based on a reciprocal commercial treaty between the United States and the individual’s country of nationality, where the individual is visiting the US primarily for investment purposes.

Continue reading

Jennifer Grady, Esq. Addresses Investors at Sold-Out SelectUSA Investor Academy in Washington D.C.

DSC08444

John McKiel, Mario de Castro, Jennifer Grady, Esq., Ron Palladino, and Rahul Beri address a sold-out crowd of foreign investors and entrepreneurs

On June 19, 2016, Jennifer Grady, Esq. spoke to over 350 attendees at the SelectUSA Summit Academy, a precursor to the SelectUSA Investment Summit the following day.  The Summit Academy is an orientation for participants from companies, state and local governments, and economic development organizations (EDOs) to provide information and practical tips on topics such as regulations and investment incentives, investor visas, and analytical tools to better understand current foreign direct investment (FDI) and reshoring trends.

DSC08482

Raul Beri and Jennifer Grady, Esq., Summit Academy Panelists

The SelectUSA Investment Summit is the highest-profile event in the world dedicated to promoting foreign direct investment (FDI) in the United States. This signature event provides an unparalleled opportunity to bring together companies from all over the globe, economic development organizations from every corner of the nation, and other parties working to facilitate business investment in the United States. Featuring senior government officials, C-Suite business executives, and other thought leaders, each summit focuses on a timely theme related to the U.S. investment environment, industry trends, and new opportunities.

Summit Academy

As part of the “Investor Track,”  Ms. Grady and her fellow panelists, Mario de Castro, Ron Palladino, and Rahul Beri, and moderator John McKiel, spoke to a sold-out academy about tax, visa, and banking tips for foreign entrepreneurs and investors.  The panelists also provided “best practices” advice to help guide the audience through the process of establishing a business in the United States.  Mr. Beri provide a real-world example of the success he had with expanding his business, Teknol to the state of New York. Continue reading

Jennifer Grady Esq. to Host Fireside Chat at UCI Blackstone LaunchPad

irvineOn May 23, 2016, Jennifer Grady Esq. will host an informative “Fireside Chat” about the various immigration options that are available to foreign students upon graduation from U.S. undergraduate or graduate programs. The event will take place at the Blackstone Launchpad of University of California, Irvine. The program will be recorded and available for later viewing by members of the international Blackstone Launchpad community. 

 

uci blackstoneThe esteemed UCI Blackstone Launchpad was founded in 2007 with the goal of inspiring global entrepreneurship, and is accessible to over 500,000 university students globally.  This university-based entrepreneurship program is designed to mentor students, staff and alumni of all disciplines and experience levels. The Blackstone Launchpad is an initiative of The Blackstone Charitable Foundation, and offers one-on-one mentoring, online tools, and a international community that supports ideas from the idea stage to execution and investment.

View More: http://elyanaphotography.pass.us/jennifer

Founding Attorney, Jennifer A. Grady, Esq.

Jennifer Grady is an experienced speaker and accomplished mentor in the areas of business, employment, and immigration law.  She has lectured extensively throughout the US, Canada, Argentina, and Chile about business and immigration topics for entrepreneurs.   If you are interested in engaging Jennifer as a speaker or trainer at your company or organization, or to learn more about the event, please contact us.

The Grady Firm to Host Seminar on Expanding to the US in Vancouver January 20, 2016

index

After a successful and productive engagement with Vancouver Start Up Week in September, California-based business and immigration attorney, Jennifer Grady Esq., is returning to Vancouver in January 2016. During her visit, Jennifer will be attending the BC Tech Summit, and will will also be meeting with entrepreneurs, innovators, investors, and people interested in expanding their business into the United States.

On Wednesday, January 20, Jennifer will be hosting a “meet and greet” happy hour and informative seminar on the legal and business issues that Canadian entrepreneurs must consider when doing business in the United States. On January 20th and 21st, she will be offering one-on-one meetings with individuals and companies that would like to learn more about the issues that face their particular industries and backgrounds when expanding abroad.

Please join Jennifer and fellow entrepreneurs on January 20 for a an evening of wine, socializing, and information!

Presentation: “How to Expand Your Business to the Largest Consumer Economy in the World”
Wine and Appetizers Provided

Wednesday, January 20, 2016
5:15 p.m. to 7:15 p.m.
West Georgia Street
Vancouver, British Columbia

Limited seating available; RSVP here (email afogerty@gradyfirm.com) by January 15.

View More: http://elyanaphotography.pass.us/jenniferOne-on-One Meetings and Consultations
Wednesday, January 20, 2016, and
Thursday, January 21, 2016.

To reserve an appointment, call (323) 450-9010, or fill out a Contact Request Form. Read more about Jennifer and the firm on our website.

 

The Grady Firm, P.C. attends the 4th Annual EB-5 Conference in Los Angeles

Jennifer Grady, Esq. with Former Pennsylvania Governor Ed Rendell.

Jennifer Grady, Esq. with Former Pennsylvania Governor Ed Rendell.

By Jennifer A. Grady, Esq. and Gayane Khechoomian, Esq.

The Grady Firm, P.C. attended the 4th annual EB-5 Conference in Los Angeles hosted by EB5 Investors Magazine on August 2-3, 2015 at the sold out Hyatt Century Plaza in Century City. Five hundred regional centers, attorneys, and EB-5 program stakeholders attended the event.  The EB-5 Immigrant Investor Program (EB-5), administered by the United States Citizenship and Immigration Services (USCIS), provides opportunities for qualified foreign nationals to achieve permanent legal residency in the U.S. through an investment in an USCIS-approved project that will generate at least ten full-time jobs in the United States.   Continue reading

Webinar 4/29: How to Bring Your Business to the Largest Consumer Economy in the World

Presenting to Startup Chile

The original presentation at Startup Chile in Santiago, Chile

On April 29, 2015 at 11 am PST, The Grady Firm attorneys will be presenting a webinar on how foreign entrepreneurs can do business in the United States, from a corporate and immigration law perspective.

Today, A.T. Kearney released its 15th annual Foreign Direct Investment Confidence Index, which ranks countries based on how changes in their political, economic, and regulatory systems are likely to affect foreign direct investment inflows in the coming yearsThe Index ranks the United States as #1 for the third year in a row.  Learn how to be a part of that investment trend during the following presentation:

HOW TO BRING YOUR BUSINESS TO THE LARGEST CONSUMER ECONOMY IN THE WORLD Continue reading

The E-2 “Entrepreneur Investor” Visa Provides a Path for Small Business Owners to Live and Work in the US

by Jennifer A. Grady, Esq.

Dolla billFor foreign investors wishing to obtain a visa to live and work legally in the United States, there are two options available through the E-2 and EB-5 investor visa programs.  The E-2 Visa requires less startup capital (around $100,000), and is the fastest way to obtain a visa, although it is not a path to Legal Permanent Residency (Green Card).  The EB-5 Visa requires an initial investment of USD $500,000 to $1 million, and comes with Legal Permanent Residency (Green Card), and ultimately, US citizenship.  This article will discuss the details of the E-2 “Entrepreneur Investor Visa.”                     Continue reading

The Grady Firm to Attend EB-5 Market Exchange Conference in San Francisco, October 22-24, 2014

Photo Credit: http://marketplace.iiusa.org/collections/2014-eb-5-international-investment-economic-development-forum-san-francisco-ca

Photo Credit: http://iiusa.org

Jennifer Grady, Esq., founding attorney of The Grady Firm, P.C. will attend the fourth annual EB-5 Market Exchange in San Francisco on October 22-24, 2014, hosted by IIUSA. The exchange is the industry’s largest annual gathering of business-focused EB-5 professionals and will draw over 500 attendees for a week of business development, industry education, and Program Advocacy.

International investment and economic development professionals from all over the world gather to network, do business, and learn from over 80 speakers and experts, which will include former San Francisco Mayor and Speaker of California State Assembly Willie Brown; Honorable Congressman Aaron Schock; and Honorable Gary Locke, Former U.S. Ambassador to China, U.S. Secretary of Commerce, and Governor of Washington. Continue reading

Canadian Immigration Policy Turns Against Investor-Based Immigration, Leading to More Opportunities for Foreign Investors in the United States

By Jennifer A. Grady, Esq. and Anthony Mance, Esq.

 A report in the Hong Kong media led to the downfall of the world’s most popular investor-based visa program in Canada, leaving thousands of foreign investors out in the cold. According to an article published in Forbes magazine on February 13, 2014, the Canadian government announced the immediate cancellation of the popular investor visa program after the highly publicized report stated that “the country’s investor visa program had become an express lane for wealthy Chinese hoping to secure overseas residency”. The cancellation of the program meant that 65,000 pending applications, including 45,500 of which were submitted by individuals from Mainland China, were immediately eliminated.

In a statement made on the evening of February 11, 2014, the Canadian government announced the termination of both the Federal Immigrant Investor Program (IIP) and Federal Entrepreneur (EN) program. In 2011, approximately 10,000 immigrants entered Canada through the IIP, while almost 1,000 entered through the EN program. Continue reading

Don’t Have a Million Dollars to Invest? The E-2 Visa Provides an Affordable Investment-Based Option to Obtain a U.S. Visa

by Jennifer A. Grady, Esq. and Anthony Mance, Esq.

Image For foreign investors wishing to come to the United States, there are several options, depending on the amount of the investment and the investor’s desired amount of involvement in a U.S. business. The most well-known option, the EB-5 Immigrant Investor Program (aka “Million Dollar Visa”), allows foreign investors to obtain Permanent Resident status in the United States by investing between $500,000 and $1 million in a U.S. enterprise.

While this program provides a relatively straightforward route to immigration, the high monetary requirements and corresponding investment risk make it inaccessible to many foreign entrepreneurs. Fortunately, for citizens of a select group of countries, there is an alternative that is both more affordable and less complex. Continue reading