Friends I just went through all the details posted, neospeed thanks for the AILA doc. I agree almost completely with what Spec is saying. This is another classification in EB2, the usage will squarely depend on how the term entrepreneur is defined. If the definition is qualitative that this will increase EB2 usage quite a bit from the non retrogressed countries however if it is something as stringent as the Kazarian memo then they will only a few qualifying applicants. This visa seems to be more of a junior version to EB5; probably they realized that getting top level entrepreneurs and investors is hard so let’s get the next level. With the current situation for I/C the entrepreneurs from these countries are almost implicitly excluded because entrepreneurs do not wait for 5 years to realize their dreams they are impulsive enough to go after them ASAP. The trigger for this category may have been the urgency to create new jobs, most testimonies and articles are skewed to the fact that US is losing out on entrepreneurs more than anything most of us in regular high skilled jobs aka EB2 and EB3 do not figure that prominently so are either more easily dispensable or no real sadness in losing us. Coming to NIW it’s very hard to qualify for this anyway mostly it requires 10 years of work experience and the most common profession if I may say IT is almost excluded from the list. If implemented this will definitely reduce SOFAD (I can understand the concerns that many have expressed) which EB2 I/C have assumed to part of the process so in that respect it definitely does not augur well, I believe we all must accept SOFAD as a privilege than a given and respect it, no one knows how long the current levels can be sustained, this year definitely is the peak or is very close to it. Let’s wait and watch for details
Originally Posted by Spectator
Point), most likely 01-JUN-2007.
