This evening President Obama announced a number of immigration reforms that will be enacted through executive action. Two of these are especially exciting for startup founders.
First, the President indicates that USCIS will issue guidance clarifying how the existing “national interest waiver” currently available for EB-2 green card application can be used for startup founders. EB-2 green cards are currently available for workers who have advanced degrees or exceptional ability in their field of work. Normally, to obtain an EB-2 green card, a person has to have a job offer at a company willing to go through the expensive and time consuming process of proving to the government that there are no available US workers to fill the petition.
With the national interest waiver, however, [Read more…]