The Secretary of the Department of Homeland Security, John Kelly, issued an order to halt the International Entrepreneur Rule for at least a year.
The Obama era loophole was enacted about two years ago through an executive order. It is basically a new visa program for foreign nationals wanting to come to the United States to start a business.
Bypassing Congress, Obama made it legal so that, ‘Instead of coming to the U.S. on an employer-sponsored visa, such as a Green Card or H-1B visa, foreign nationals wanting to start business were given leave to remain in the country for at least 2 and a half years,’ Breitbart.com reports.
“This delay will provide DHS with an opportunity to obtain comments from the public regarding a proposal to rescind the rule pursuant to Executive Order (E.O.) 13767, “Border Security and Immigration Enforcement Improvements,” the Kelly’s order stated.
This small loophole has been kept away from the ‘Obama legacy’ media attention, maybe on purpose, but immigration experts are thrilled it is being halted.
“It’s not the administration’s job to say ‘Here’s a group of people who we think should stay’,” Rosemary Jenks with NumbersUSA told Breitbart Texas. “I was happy to see Trump take action on this.”
“It was not authorized by Congress. The administration has no business in creating its own immigration program,” Jenks continued.
In 2016, the Federation for American Immigration Reform (FAIR), which advocates for more conservative immigration, said the Obama rule was not in the interest of Americans.
“Admitting low-capital investors to manage fiscally immature businesses in the vain hope that they will attract wealth to the United States does not serve the interests of the American people,” the organization stated in a brief. “It also makes little sense to expand asset-based immigration arrangements when USCIS finds itself unable to effectively administer its existing investment programs.”
Will this help the US economy or harm it?
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