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August 26, 2016 07:59 pm GMT

Newly proposed rules for foreign entrepreneurs will help some, but not all, found U.S. startups

US President Barack Obama attends the Global Entrepreneurship Summit at the United Nations Compound in Nairobi on July 25, 2015. Obama said today "Africa is on the move", as he praised the spirit of entrepreneurship at a business summit in Kenya during his first visit to the country of his father's birth since his election as president. AFP PHOTO / SAUL LOEB        (Photo credit should read SAUL LOEB/AFP/Getty Images)The U.S. Citizenship and Immigration Services, an office under the Department of Homeland Security, put forward a proposal today that would allow the U.S. government to offerparole (temporary permission to be in the country)toforeign entrepreneurs starting their businesses in the United States. The proposal specifies that a startup can qualify if it was started in the U.S. in the last… Read More

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