Choosing between the International Entrepreneur Parole (IER) and the O-1A visa can be tricky for startup founders. Each option comes with its own set of advantages and challenges, so making the right choice depends on your business stage, funding, and how quickly you need to establish yourself in the U.S. Whether you're looking for a fast track or long-term flexibility, understanding the key differences between these two pathways is essential to finding the best fit for your goals. Let’s break it down to help you decide which one suits your startup.

What’s the Difference?

First, let’s look at the basics.

The O-1A visa is well-established in the startup world, designed for founders with “extraordinary ability” in their field. With around 60,000 of these issued in the last five years, it’s a reliable, streamlined route for those who meet the high bar. The initial visa lasts three years, and you can extend it annually, indefinitely, making it an excellent long-term option.

By contrast, the IER is relatively new and still finding its footing. It’s not technically a visa—it’s a “parole” that grants entry to the U.S. only for certain qualified entrepreneurs. While only a limited number of IER paroles have been granted in recent years, the exact figures are less widely reported. Since it’s a parole rather than a visa, the approval process can be more complex. IER gives you 2.5 years to start, with the option to extend another 2.5 years if your startup meets specific milestones.

Processing Times and Complexity

If speed is a priority for you, the O-1A has a clear edge. Premium processing is available, which means your application could be approved within weeks. On the flip side, the IER doesn’t offer premium processing, meaning longer wait times, so you’ll need to be prepared for a slower path to entry.

One crucial difference to note: because IER is not a visa, it doesn’t allow you to change your status from within the U.S. If you want to switch to a different type of visa or become a permanent resident, you’ll need to leave the U.S. and re-enter with your new visa. The O-1A offers more flexibility in this regard, allowing status changes without leaving the country.

Funding Requirements

The IER route places a heavy emphasis on the funding your startup has received. To qualify, your company must have raised at least $264,147 from qualified investors within the 18 months leading up to your application. If your startup is well-capitalized, this might not be a hurdle. However, if you’re still bootstrapping or in the early stages of fundraising, the IER’s funding requirement could be a significant barrier.

The O-1A doesn’t require proof of funding, but it demands substantial evidence of your achievements and expertise. You’ll need to show that you’re recognized in your field, which can include awards, media coverage, and other accolades that demonstrate your "extraordinary ability."

Family Considerations

Here’s where the IER has a surprising advantage. If you have dependents, the IER allows them to apply for work authorization, giving your spouse or partner the opportunity to contribute financially while you grow your business. The O-1A’s dependent visa (O-3) doesn’t offer this benefit—O-3 visa holders aren’t allowed to work in the U.S., which could be a downside if your family plans include dual incomes.

The Bottom Line

The O-1A remains the go-to option for founders who can meet its extraordinary ability criteria. It’s a well-established visa with flexible, long-term benefits and faster processing times, making it a great choice for those who want to build a lasting presence in the U.S.

However, if your startup is already well-funded and you’re looking for an alternative pathway, the IER could be a solid option—particularly if your dependents want the ability to work in the U.S. Just keep in mind that the IER is newer, less predictable, and comes with longer processing times.

At Lighthouse, we’ve seen founders succeed on both paths. Whether you’re leaning toward the tried-and-true O-1A or considering the IER as a newer option, we’re here to help you navigate the process and make the right choice for your startup.