Favisbook | The US Startup Visa: International Entrepreneurs

Favisbook is a worldwide consulting company and one of the primary immigration consultants in New York. It supports, empowers, and facilitates students comprehend their goals of studying overseas and take the next massive leap in his career. Favisbook gives immigration services of the great in the industry. They appoint a group of specialists in immigration and immigration attorneys committed to immigration necessities and make sure a smooth transition for your vacation spot country.

$250k VC/angel funding & 10% possession places you on a route to being US-based totally for five years to build and grow your startup.

Great information for foreign marketers considering setting up or growing their startup in the US. This concept has exceeded the kingdom of “very last rule” now within the US — and is going into impact on July seventeenth,  as matters stand.

This “final rule” is a good deal comfy than the unique proposal. Will this usher in a new wave of immigrant marketers to the UnitedStates?

Criteria wished, from my short reading of the under the document. Use at your personal hazard & seek advice from an immigration attorney:

At least $250k funding from US-primarily based investors (VCs/Angels/etc) who have a successful song report.

• ·         30 month live permit + extension by way of any other 30 months possible.
• ·         Startup entity created in the past 5 years.
• ·         Own at least 10% of the startup.
• ·         Max of 3 humans can follow in step with the startup.
• ·         Spouse is eligible to apply for a work auth.

·         During this “parole” duration, loose to use for another immigrant/non-immigrant visa.

For renewal for every other 30 months (general max of five years, along with initial application and then renewal), criteria:

Must personal five% of the startup fairness at the time of re-application.

Receive an additional $500k in funding in the first 2.5 yrs OR $500k annual revenue with 20% average annualized growth OR created five full-time jobs for US people OR reveal the above partly and speedy boom.