[drl42]

Summary: - New startup entity (< 3 years old) - Atleast 10% stake - No more than 3 applications per startup - Atleast $345,000(VC,Angel,Incubator) or $100,000(govt grants) or show public benefit if less funding available - Initial stay for 2 years - Employment authorization only from startup - Minimum salary at 400% poverty level - Spouse gets EAD, but minor children do not.

After 2 years, 3 years extension - Atleast 10% ownership and active role in startup - Atleast $500K additional funding OR $500K revenue with 20% growth OR 10 Full time Jobs

0

[r00fus]

Spousal Employment Authorization Document (EAD) is huge. IIRC, H1B spouses (ie, H4Bs) were recently allowed, but only if the H1B holder is applying for legal residency - which can take a while.

In this case, you can get an EAD for your spouse as soon as you get your parole.

[OmarIsmail]

WOW. This instantly makes this program substantially better than many other visas. The difference between a working spouse and not is worth hundreds of thousands of dollars - especially over a 5 year time frame. This is better than the O1!!

[anaclet0]

I was told that a person with an H4B VISA can work only after the PERM has been accepted, during the adjustment of status (the last step of a green card process)

[pashabitz]

I see 15%