Welcome Global Entrepreneurs, Report Says
The Department of Homeland Security (DHS) should help international entrepreneurs who wish to work in the United States by updating immigration rules, suggests a new report from the Brookings Institution. In it, a series of lawyers and social scientists with experience in immigration and entrepreneurship urge DHS to act on a 2014 memo to welcome more “businesses and workers.” highly skilled ”in the post-pandemic United States.
“Looking back on the 2014 DHS memo, a lot has been accomplished with this clear and incisive direction. We encourage DHS to post a follow-up note develop these earlier ideas and add guidance and policies specifically to support international entrepreneurs. The US immigration system is a game of categories, and many of these categories were created at a time when most students were in class full-time and most workers had between 9 and 5 employees, ”he said. they wrote.
Recommendations include ensuring that all green cards are used annually, enabling portability of jobs for those with employment-related visa arrears, and expanding the list of academic fields eligible for optional practical training. additional for STEM graduates. The document also suggests regulatory changes for an automatic 180-day extension while work visas are pending approval.
As explained, “DHS should process OPT processing times granting conditional approval of work authorization documents pending more than 90 days, allowing students to start work upon receipt of the OPT I-765 application receipt, or at least allowing students to apply for the OPT six months in advance instead of five.
Attract a million entrepreneurs to work in the United States
In addition to this, the Brookings Institution suggests properly developing the proposed International Entrepreneur Liberation Rule (IER) program, which President Biden relaunched in early May 2021. “IER offers a compelling immigration route for entrepreneurs without the need for congressional action and could create about a million jobs in the United States over 10 years, ”the report said. In keeping with this goal, several considerations must be taken into account in attracting international entrepreneurs to work in the United States.
On the one hand, Brookings would like DHS to clarify that graduates of STEM OPT extensions can design their own job if it involves valid education and salary. Entrepreneurs should be able to benefit from this extension, say the authors of the report. “In our experience as immigration lawyers / professionals, international college and university advisers are reluctant to recommend STEM OPT to entrepreneurs despite the fact that some entrepreneurs receive adequate funding through accelerator programs or university incubators to provide the mentoring training legally required to qualify for STEM. OPT, ”they declared.
In addition to this, the authors suggest clarifying the use of practical curriculum training (CPT); although most business schools do not offer these internships, they have the potential to develop entrepreneurial activities and training. Thus, while some schools allow a wider use of the CPT for entrepreneurial activities, others remain restrictive in its application. Brookings believes this is because “the language in the regulations does not explicitly allow entrepreneurial activities, thus essentially leaving the interpretation to the schools.”
“The internship or work experience required by any course to earn credit, or by any university program and a prerequisite for all degree requirements, should be approved as a CPT,” the report says. . The authors also suggested that employment authorization waives for unpaid volunteer experiences. The successful implementation of these measures for international entrepreneurs could be incredibly beneficial for the economic growth of the country in the years to come.